The balanced budget multiplier is equal to one
a. True
b. False
Indicate whether the statement is true or false
True
Economics
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Other things equal, if a full-employment economy reallocated a substantial quantity of its resources to capital goods, we would expect:
A. present consumption to rise. B. future consumption to fall. C. a lower rate of growth of real GDP. D. labor productivity to rise.
Economics
At higher interest rates, banks will want to hold more reserves.
Answer the following statement true (T) or false (F)
Economics