Some economists argue that federal government capital projects, which offer benefits over a number of years, should be financed through deficit financing
a. True
b. False
Indicate whether the statement is true or false
True
Economics
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When real Gross Domestic Product (GDP) exceeds total planned real expenditures,
A) a higher level of equilibrium real Gross Domestic Product (GDP) will prevail. B) the circular flow will increase. C) a lower level of equilibrium real Gross Domestic Product (GDP) will result. D) there will be unplanned decreases in inventories.
Economics
Changes in technology over time will result in
A) a more inelastic supply curve. B) a more elastic supply curve. C) a unitary elastic supply curve. D) no change in the elasticity of supply.
Economics