Other things the same, higher population growth
a. raises the amount of physical capital per worker and there is some evidence that it raises the pace of technological progress.
b. raises the amount of physical capital per worker, but there is some evidence that it reduces the pace of technological progress.
c. reduces the amount of physical capital per worker, but there is some evidence that it raises the pace of technological progress.
d. reduces the amount of physical capital per worker and there is some evidence that it reduces the pace of technological progress.
c
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One In the News article titled "News Release: Disposable Income and Outlays: February 2017" says, "Personal spending increased $44 billion." An increase in spending is likely the result of
A. An increase in taxes. B. An increase in income. C. An increase in saving. D. A decrease in economic growth.
A federal budget deficit is financed by the
A. private sector's investment spending. B. government purchase of Treasury securities. C. government issuance or sale of Treasury securities. D. nation's exports.