If a student achieves a high SAT score, this

A) sends a signal to a college that the applicant will be a good college student.
B) does not act as a screening device.
C) is a moral hazard.
D) provides a college with no information.

A

Economics

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Over time, continued budget deficits lead to

a. a higher capital stock and higher productivity. b. a higher capital stock and lower productivity. c. a lower capital stock and higher productivity. d. a lower capital stock and lower productivity.

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Saving is always equal to:

A. planned investment less unintended increases in inventories. B. actual investment. C. planned investment. D. unintended changes in inventories.

Economics