To calculate GDP when using the income approach, you must add indirect business taxes and depreciation

When each member of a group has transitive preferences but the collective preferences of the group are not transitive, this is an anomaly known as the ________

Fill in the blank(s) with correct word

In the short run, a surplus federal budget _____

a. reduces national saving b. boosts domestic saving c. stimulates aggregate demand d. promotes economic growth in the long run e. increases the federal debt