This topic contains a solution. Click here to go to the answer

Author Question: Consider a closed economy without the government. If the GDP of the economy is 25,000 and the ... (Read 91 times)

j.rubin

  • Hero Member
  • *****
  • Posts: 557
Consider a closed economy without the government. If the GDP of the economy is 25,000 and the savings rate in the economy is 25, the aggregate savings in the economy is:
 
  A) 8,000. B) 8,650. C) 6,250. D) 3,320.

Question 2

The crowding-out effect is
 
  A) the tendency of expansionary fiscal policy to cause an increase in planned investment but not in planned consumption in the U.S. private sector.
  B) the tendency of contractionary fiscal policy to cause an increase in planned investment but a decrease in planned consumption in the U.S. private sector.
  C) the tendency of expansionary fiscal policy to cause a decrease in planned investment or planned consumption in the U.S. private sector.
  D) the tendency of contractionary fiscal policy to cause an increase in planned investment or planned consumption in the U.S. private sector.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

olivia_paige29

  • Sr. Member
  • ****
  • Posts: 334
Answer to Question 1

C

Answer to Question 2

C




j.rubin

  • Member
  • Posts: 557
Reply 2 on: Jun 30, 2018
:D TYSM


bassamabas

  • Member
  • Posts: 294
Reply 3 on: Yesterday
Excellent

 

Did you know?

The first oncogene was discovered in 1970 and was termed SRC (pronounced "SARK").

Did you know?

The average person is easily confused by the terms pharmaceutics and pharmacology, thinking they are one and the same. Whereas pharmaceutics is the science of preparing and dispensing drugs (otherwise known as the science of pharmacy), pharmacology is the study of medications.

Did you know?

Approximately 15–25% of recognized pregnancies end in miscarriage. However, many miscarriages often occur before a woman even knows she is pregnant.

Did you know?

Thyroid conditions cause a higher risk of fibromyalgia and chronic fatigue syndrome.

Did you know?

Vaccines prevent between 2.5 and 4 million deaths every year.

For a complete list of videos, visit our video library