Author Question: The level of saving in the United States has historically been low relative to the level of domestic ... (Read 84 times)

WhattoUnderstand · **on:** Jun 29, 2018

The level of saving in the United States has historically been low relative to the level of domestic investment. Based on this information, we would expect that

A) U.S. private saving is less than its public saving.
B) U.S. capital inflows are negative.
C) U.S. net foreign investment has been relatively high.
D) U.S. net exports have been relatively low.

Question 2

Of the 840 billion American Recovery and Reinvestment Act stimulus package which was enacted in 2009, approximately one-third took the form of ________ and two-thirds took the form of increases in ________.

A) treasury bond purchases; the money supply
B) tax rebates; tax cuts
C) tax cuts; government expenditures
D) discretionary government spending; transfer payments