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Author Question: Other things being constant, an economy must give up some consumer goods and services today to ... (Read 28 times)

kwoodring

  • Hero Member
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  • Posts: 560
on: Jun 30, 2018
Other things being constant, an economy must give up some consumer goods and services today to produce more capital goods in order to grow.
 a. True
  b. False
  Indicate whether the statement is true or false

Question 2

Crowding out will lead to a decrease in supply of loanable funds, a decrease in real interest rates, and subsequently a decrease in spending by households and firms.
 a. True
  b. False
  Indicate whether the statement is true or false


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aburgess

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Reply #1 on: Jun 30, 2018
Answer to Question 1

True

Answer to Question 2

False


kwoodring

  • Member
  • Posts: 560
Reply 2 on: Jun 30, 2018
Great answer, keep it coming :)

recede

  • Member
  • Posts: 315
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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