According to the crowding-out effect, a budget deficit will lead to:
a. reduced investment spending and a reduction in long-term economic growth.
b. reduced investment spending and an increase in long-term economic growth.
c. increased investment spending and a reduction in long-term economic growth.
d. increased investment spending and an increase in long-term economic growth.
Question 2
Assume that at the current market price of 4 per unit of a good, you are willing and able to buy 20 units. Last year at a price of 4 per unit, you would have purchased 30 units. What is most likely to have happened over the last year?
a. Demand has increased
b. Demand has decreased
c. Supply has increased
d. Supply has decreased
e. Quantity supplied has decreased
Lead Plumbing
The fact that a mother works outside the home has no negative effect on the well-being of her child ...
The enhanced greenhouse effect
The demand for oil can be reduced significantly with the introduction of new higher vehicle mileage
Effect of an Increase in Technological Progress
Position effect variegation of eye color in Drosophila