Other things the same, the higher the rate of saving and investment in a country, the higher will be the standard of living in the future
a. True
b. False
Indicate whether the statement is true or false
True
Economics
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In a recession, automatic stabilization ________ tax revenues and ________ the debt-GDP ratio
A) lowers, raises B) lowers, lowers C) raises, raises D) raises, lowers
Economics
From 1865 to 1910, the U.S. share of world trade was
(a) nonexistent. (b) miniscule. (c) disproportionately small compared to the British. (d) disproportionately high compared to the U.S. population.
Economics