"Crowding in" refers to federal government deficits:
a. which reduce future rates of economic growth.
b. used for public infrastructure will offset any decline in business investment.
c. All of the answers are correct.
d. which reduce private business and consumption spending.
b
Economics
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Which of the following explain the natural rate of unemployment?
i. job search ii. the Okun Gap iii. the production function A) iii only B) ii and iii C) i and ii D) i and iii E) i only
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Real standards of living can increase
A. if there is positive growth in the manufacturing sector. B. if the country is producing the same amount they traditionally have and are enjoying more leisure time. C. only if there is positive economic growth. D. only at the cost of increased urban congestion.
Economics