Sovereign debt crisis, a short-run phenomenon, may lead to the long-run consequence of debt ________

Employing Figure 3-1 above, autonomous consumption expenditures are ________, and the marginal propensity to consume is ________

A) 200; 0.75 B) 500; 1 C) 200; 0.60 D) 0; 1

Properly enforced property rights will usually cause

a. lower levels of investment spending. b. lower levels of real interest rates. c. higher levels of investment spending. d. higher levels of real interest rates.