« previous next »

Author Question: In a closed economy without the government, income equals: A) aggregate savings plus aggregate ... (Read 52 times)

AEWBW

  • Hero Member
  • *****
  • Posts: 579
on: Jun 30, 2018
In a closed economy without the government, income equals:
 
  A) aggregate savings plus aggregate investment. B) aggregate consumption.
  C) aggregate savings. D) aggregate savings plus aggregate consumption.

Question 2

By definition, a direct expenditure offset will occur whenever
 
  A) the interest rate falls.
  B) the interest rate rises.
  C) the government increases spending in an area that competes with the private sector.
  D) the government increases spending for the military.


kjo;oj

  • Sr. Member
  • ****
  • Posts: 328
Reply #1 on: Jun 30, 2018
Answer to Question 1

D

Answer to Question 2

C


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

Giardia is one of the most common intestinal parasites worldwide, and infects up to 20% of the world population, mostly in poorer countries with inadequate sanitation. Infections are most common in children, though chronic Giardia is more common in adults.

Did you know?

The first-known contraceptive was crocodile dung, used in Egypt in 2000 BC. Condoms were also reportedly used, made of animal bladders or intestines.

Did you know?

Long-term mental and physical effects from substance abuse include: paranoia, psychosis, immune deficiencies, and organ damage.

Did you know?

Each year in the United States, there are approximately six million pregnancies. This means that at any one time, about 4% of women in the United States are pregnant.

Did you know?

Nearly 31 million adults in America have a total cholesterol level that is more than 240 mg per dL.

A closed fracture. A closed fracture.
The Inverted Income Pyramid: The Proportion of Income Received by Each Fifth of the U.S. Population The Inverted Income Pyramid: The Proportion of Income Received by Each Fifth of the U.S. Population
Ten Leading Causes of Death in High-Income Countries, 2008 Ten Leading Causes of Death in High-Income Countries, 2008
Simultaneous Determination of Income and Modernization Simultaneous Determination of Income and Modernization
Relationship between Income per Capita and Population Growth Relationship between Income per Capita and Population Growth
Percentage of higher-income Canadian households Percentage of higher-income Canadian households
Video: Virtual Tour of the Heart

For a complete list of videos, visit our video library