Suppose for an economy, investment = 40; saving = 50, government spending + exports = 100; and taxes + imports = 110 . Then for this economy, total leakages exceed total injections by 20, so there will be pressure for the economy to contract.
a. True
b. False
Indicate whether the statement is true or false
Question 2
Which of the following would shift the demand curve for gasoline to the right?
a. a decrease in the price of gasoline
b. an increase in consumer income, assuming gasoline is a normal good
c. an increase in the price of cars, a complement for gasoline
d. a decrease in the expected future price of gasoline
Table 6.1 illustrates the main regime types and their differences. It breaks the regimes into four
Major trunk lines carrying long-distance traffic crisscrossed the area east of the Mississippi. The
A Tough Economy ...for students
Saving Rate by Decile of Income per Capita
Government By the People, 2016 Presidential Election, 26th Edition
Suppose a country imports televisions. The country's supply and demand curves are shown in ...