Author Question: When a government has a budget surplus, the surplus A) helps finance investment. B) crowds-out ... (Read 69 times)

SGallaher96 · **on:** Jun 29, 2018

When a government has a budget surplus, the surplus

A) helps finance investment.
B) crowds-out private saving.
C) must be subtracted from private saving to get total saving.
D) increases the world real interest rate.

Question 2

A business cycle is

A) the pattern of short-run upward and downward movements in total output.
B) the increase in consumer spending that accompanies an increase in disposable income.
C) the cyclical change in the nation's balance of trade.
D) the cyclical movement in the interest rates.