Measured as a share of GDP, what happened to the net federal debt between 1990 and 2011?
What will be an ideal response?
It fell during most of 1990s, but rise sharply during 2001-2011.
Economics
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Monetarist economists might conclude that the accelerator hypothesis supports their position via fiscal policy since
A) the gap between the desired capital stock and the existing capital stocks is closed slowly. B) a change in expected sales will not increase output. C) V? will be smaller than expected. D) All of the above are correct.
Economics
Draw a graph showing the concept of functional distribution.
What will be an ideal response?
Economics