In the closed economy IS-LM model, an increase in government spending crowds-out
a. prices.
b. the money supply.
c. consumption.
d. investment.
e. both c and d.
D
Economics
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The Social Security program is unique in that employees can _____ the amount shown on their W-2 form and find out _____
a. look at; their share of the cost of Social Security b. double; their annual contributions to their retirement c. look at; their annual contributions to their retirement d. double; their share of the cost of Social Security
Economics
Families receive income from two primary sources:
a. resource earnings and transfers b. transfers and subsidies c. wages and rents d. transfers and gifts e. interest and dividends
Economics