Of the following nations, the country with the highest saving rate is

A) the United States.
B) Japan.
C) Mexico.
D) Ethiopia.

B

Economics

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Contractionary fiscal policy involves decreasing government purchases or increasing taxes

Indicate whether the statement is true or false

Economics

Tom Searchinger, a senior attorney at the Environmental Defense Fund, observed that generous farm subsidies have encouraged farmers to produce more corn and more wheat. How does this affect the market for fertilizer?

A) The supply of fertilizer increases. B) The demand for fertilizer increases. C) The supply of fertilizer decreases. D) The demand for fertilizer decreases.

Economics