A drop in consumption or investment spending caused by increased ...

[nautica902]

A drop in consumption or investment spending caused by increased government spending is referred to as:
 a. the multiplier effect.
  b. an expansionary gap.
  c. Ricardian equivalence.
  d. the paradox of thrift.
  e. crowding out.

Question 2

Dean bakes his famous apple pies and sells them at the local farmer's market. If the price of apples increases, the
 a. supply curve for Dean's pies will increase.
  b. supply curve for Dean's pies will decrease.
  c. demand curve for Dean's pies will increase.
  d. demand curve for Dean's pies will decrease.

[stillxalice]

Answer to Question 1

e

Answer to Question 2

b

[nautica902]

Thanks for the timely response, appreciate it

[nguyenhoanhat]

Great answer, keep it coming