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Author Question: Other things being constant, an economy must give up some consumer goods and services today to ... (Read 85 times)

kwoodring

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Other things being constant, an economy must give up some consumer goods and services today to produce more capital goods in order to grow.
 a. True
  b. False
  Indicate whether the statement is true or false

Question 2

Crowding out will lead to a decrease in supply of loanable funds, a decrease in real interest rates, and subsequently a decrease in spending by households and firms.
 a. True
  b. False
  Indicate whether the statement is true or false



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aburgess

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Answer to Question 1

True

Answer to Question 2

False




kwoodring

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Reply 2 on: Jun 30, 2018
Wow, this really help


xiaomengxian

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  • Posts: 311
Reply 3 on: Yesterday
Great answer, keep it coming :)

 

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