Refer to Figure 10-1. Which of the following is consistent with the graph depicted above?
A) Technological change increases the profitability of new investment.
B) Households become spendthrifts and begin to save less.
C) An expected recession decreases the profitability of new investment.
D) The government runs a budget surplus.
A
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Economists John Cogan, Glenn Hubbard, and Daniel Kessler have estimated that repealing the tax preference for employer-provided health insurance would
A) increase overall spending on health care as consumers would have to pay a higher price for medical services. B) reduce spending by people enrolled in these programs by 33 percent. C) significantly reduce the effectiveness of the health care received by those enrolled in these programs. D) drive up prices for health care coverage since insurance reimbursements to doctors would be reduced.
What do structural reform policies emphasize?
What will be an ideal response?