Which of the following will not cause aggregate private spending to increase?
A) an increase in expected future real interest rates
B) an increase in government spending
C) a reduction in future taxes
D) all of the above
E) none of the above
A
Economics
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When financial institutions are able to reduce the costs of information for each service they offer by applying the same information source to each service, we say that the financial institution is realizing
A) economies of scope. B) economies of scale. C) increasing returns. D) diminishing marginal returns.
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A sufficient measure of the effectiveness of government redistribution is to look at the overall level of taxpayer dollars spent on redistributive activities
a. True b. False
Economics