The government can meet its interest bill without having to levy taxes if it issues more bonds and if the
A) economy's real growth rate of output is greater than the real interest rate.
B) economy's real growth rate of output is equal to the nominal interest rate.
C) economy's real growth rate of output equals or exceeds its real interest rate.
D) economy's nominal growth rate of output equals or exceeds its real interest rate.
C
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Answer the following statement(s) true (T) or false (F)
1. You can increase your total satisfaction by buying goods with lower marginal utility at a higher price. 2. Sometimes when you buy additional units of one good and its marginal utility decreases, the marginal utility of the goods you did not buy increases. 3. If marginal utility is held constant, consumer equilibrium can be maintained even if the price of certain goods fall. 4. Behavioral economics draws on human psychology. 5. Behavioral economists assume consumers are always rational and informed.
A study of the impact of various government policies on economic growth would be considered:
A. marginal economics. B. microeconomics. C. government economics. D. macroeconomics.