Author Question: Spending on goods and services by all levels of government in the U.S. combined is smaller than ... (Read 68 times)

robinn137 · **on:** Jun 30, 2018

Spending on goods and services by all levels of government in the U.S. combined is smaller than investment spending but larger than consumption.
a. True
b. False
Indicate whether the statement is true or false

Question 2

If watermelons are normal goods, the demand for them will rise as the income of consumers rises.
a. True
b. False
Indicate whether the statement is true or false