For a government to add to the supply of loanable funds, it must
A) borrow.
B) increase its investment demand.
C) have a budget deficit.
D) raise the real interest rate.
E) have a budget surplus.
E
Economics
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If net exports are negative, then aggregate demand will be less than the sum of consumption, investment, and government purchases
a. True b. False Indicate whether the statement is true or false
Economics
Suppose a country imposes a lump-sum income tax of $6,000 on each individual in the country. What is the average income tax rate for an individual who earns $60,000 during the year?
a. 0% b. 10% c. More than 10% d. The average tax rate cannot be determined without knowing the entire tax schedule.
Economics