Government spending is an injection in the sense that it
a. increases the amount of total spending.
b. increases the size of the federal deficit.
c. decreases the amount of household saving.
d. decreases the amount of taxes paid.
a
Economics
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When the interest rate is R, the formula for finding the value of a current amount $M one year from now is
A) M (1 + R/100). B) M (1 + R). C) M / (1 + R). D) M / R. E) M / (100R).
Economics
Since 1930, U.S. government spending as a percent of GDP has
a. increased b. decreased c. stayed the same d. showed no particular trend e. increased by the same percent each year
Economics