At any given time,
a. planned investment equals planned saving.
b. planned investment equals actual investment.
c. planned saving equals actual saving.
d. actual investment equals actual saving.
d. actual investment equals actual saving.
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Which of the following is NOT directly included in U.S. GDP?
A) sales to tourists of beach umbrellas in Hilton Head, South Carolina B) ticket sales to Ripley's Aquarium in Gatlinburg, Tennessee C) sales of sandwiches at a Subway store in Bangor, Maine D) popcorn purchased by a movie theater chain in Georgia E) movie tickets purchased by consumers in Georgia
If crowding out exists, contractionary fiscal policy will cause the aggregate demand curve to shift in by more than indicated by the government spending multiplier
a. True b. False Indicate whether the statement is true or false