The types and quantities of public goods produced are determined through the political process.

Historical evidence shows that the relationship between interest rates and investment is

A) indeterminable. B) positive. C) negative. D) None of the above.

Consider a hypothetical economy, whose GDP was $10,000 . consumption equaled $9,800, investment equaled $125, goods exported equaled $255, and goods imported equaled $500, in 2010 . Calculate the government spending in this economy during the year

a. $120 b. $380 c. $245 d. $200 e. $320