Increases in government spending result in ________ in the short run, and permanent increases in government spending result in ________ in the long run
A) complete crowding out; complete crowding out B) partial crowding out; partial crowding out
C) partial crowding out; complete crowding out D) complete crowding out; partial crowding out
C
Economics
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Which of the following is NOT true according to Say's law?
A) Producing goods and services generates the means and the willingness to purchase other goods and services. B) Desired expenditures will always be higher than actual expenditures. C) Supply creates its own demand. D) No overproduction is possible in a market economy in the long run.
Economics
List three characteristics of a bond that would make its interest rate higher than otherwise
Economics