Over a decade or longer, a government budget deficit
A) reduces national saving and stimulates economic growth.
B) reduces national saving and economic growth.
C) increases national saving and economic growth.
D) increases national saving and decreases economic growth.
B
You might also like to view...
A community in a Southeastern state passed a beautification ordinance (law) prohibiting the placement of indoor furniture outside of homes (i.e., no couches on the porch). The law represents a conflict between ____ and ____
a. the rich; the poor b. third parties; market participants c. victims; criminals d. public goods; private goods e. residents; visitors
In the case of perfectly inelastic demand,
a. the change in quantity demanded equals the change in price. b. the percentage change in quantity demanded equals the percentage change in price. c. infinitely-large changes in quantity demanded result from very small changes in the price. d. quantity demanded stays the same whenever price changes.