According to Chandler and Cortada (2000), the driving force of the U.S. economy has been what since the beginning?

Refer to Figure 21-5. "Crowding out" of firm investment as a result of a budget deficit is illustrated by the movement from ________ in the graph above

A) A to B B) C to A C) B to A D) B to C

In a one-period economy

A) consumption equals disposable income. B) consumption equals disposable income plus the value of non-market work. C) savings is always positive. D) consumers may increase their consumption by borrowing.