The income that people earn is called
a. national income
b. personal income
c. disposable personal income
d. transfer payments
e. net national product
A
Economics
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The decrease in consumption and investment interest-related spending that occurs when the interest rate rises as government spending increases is called:
A) crowding in. B) crowding out. C) neutral. D) none of the above.
Economics
Federal spending and taxation both affect and are influenced by the overall level of economic activity
Indicate whether the statement is true or false
Economics