Author Question: In addition to saving and investment in capital, making an even larger contribution to long-term ... (Read 157 times)

Kikoku · **on:** Jun 29, 2018

In addition to saving and investment in capital, making an even larger contribution to long-term economic growth in real GDP per person

A) are technological advances.
B) is lower current consumption.
C) is higher current consumption.
D) is a larger work force.

Question 2

In 2008, Australia had a government budget surplus of 21.7 billion. This budget surplus shifts the demand for loanable funds curve ________

A) leftward and lowers the real interest rate.
B) leftward and creates a crowding-out effect.
C) rightward and creates a crowding-out effect.
D) rightward and creates a Ricardo-Barro effect.