« previous next »

Author Question: According to classical theory, desired saving always equals investment due to changes in A) ... (Read 98 times)

EY67

  • Hero Member
  • *****
  • Posts: 531
on: Jun 29, 2018
According to classical theory, desired saving always equals investment due to changes in
 
  A) prices.
  B) wages.
  C) the interest rate.
  D) taxes.

Question 2

Suppose that the government of Summerfield spends 2 trillion in 2015 and receives tax revenues of 1.5 trillion. Which of the following is TRUE?
 
  A) Summerfield has a budget surplus of 0.5 trillion.
  B) Summerfield has a budget deficit of 0.5 trillion.
  C) Summerfield has a trade deficit of 0.5 trillion.
  D) Summerfield has a trade surplus of 0.5 trillion.


kaykay69

  • Sr. Member
  • ****
  • Posts: 322
Reply #1 on: Jun 29, 2018
Answer to Question 1

C

Answer to Question 2

B


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

People who have myopia, or nearsightedness, are not able to see objects at a distance but only up close. It occurs when the cornea is either curved too steeply, the eye is too long, or both. This condition is progressive and worsens with time. More than 100 million people in the United States are nearsighted, but only 20% of those are born with the condition. Diet, eye exercise, drug therapy, and corrective lenses can all help manage nearsightedness.

Did you know?

Cocaine was isolated in 1860 and first used as a local anesthetic in 1884. Its first clinical use was by Sigmund Freud to wean a patient from morphine addiction. The fictional character Sherlock Holmes was supposed to be addicted to cocaine by injection.

Did you know?

As of mid-2016, 18.2 million people were receiving advanced retroviral therapy (ART) worldwide. This represents between 43–50% of the 34–39.8 million people living with HIV.

Did you know?

About 100 new prescription or over-the-counter drugs come into the U.S. market every year.

Did you know?

Only 12 hours after an egg cell is fertilized by a sperm cell, the egg cell starts to divide. As it continues to divide, it moves along the fallopian tube toward the uterus at about 1 inch per day.

Homer: In the Western classical tradition Homer is the author of the Iliad and the Odyssey, and is ... Homer: In the Western classical tradition Homer is the author of the Iliad and the Odyssey, and is ...
Pavlov’s Original Classical Conditioning Procedure Pavlov’s Original Classical Conditioning Procedure
Reaction 1: The First ATP Investment Reaction 1: The First ATP Investment
Activation Synthesis Theory of Dreams Activation Synthesis Theory of Dreams
Consider the production function ( ) 0.5 0.5 Y = AK L . Suppose both saving rate (s) and the ... Consider the production function ( ) 0.5 0.5 Y = AK L . Suppose both saving rate (s) and the ...
Jamal plans to retire in 17 years. He is saving $2000 every start of the month in a retirement ... Jamal plans to retire in 17 years. He is saving $2000 every start of the month in a retirement ...
Video: Audiology

For a complete list of videos, visit our video library