In addition to saving and investment in capital, making an even ...

[Kikoku]

In addition to saving and investment in capital, making an even larger contribution to long-term economic growth in real GDP per person
 
  A) are technological advances.
  B) is lower current consumption.
  C) is higher current consumption.
  D) is a larger work force.

Question 2

In 2008, Australia had a government budget surplus of 21.7 billion. This budget surplus shifts the demand for loanable funds curve ________
 
  A) leftward and lowers the real interest rate.
  B) leftward and creates a crowding-out effect.
  C) rightward and creates a crowding-out effect.
  D) rightward and creates a Ricardo-Barro effect.

[djofnc]

Answer to Question 1

A

Answer to Question 2

A

[Kikoku]

Excellent

[diana chang]

TYSM