Which of the following restrictions implies that investment exceeds private saving for a closed economy?
a. The economy has no government.
b. The economy's government is running a budget deficit.
c. The economy's government is running a budget surplus.
d. No restriction is necessary; investment and private saving are equal for all closed economies.
c
Economics
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Which of the following is considered part of M2?
a. Savings deposits. b. Money market mutual fund shares. c. Small time deposits of less than $100,000. d. All of these.
Economics
Black markets emerge during times of
A. price floors. B. price ceilings. C. both price floors and price ceilings. D. neither price floors nor price ceilings.
Economics