The amount of government expenditures on a project or program should continue to increase for as long as the marginal benefits exceed the marginal costs.
a. True
b. False
Indicate whether the statement is true or false
Question 2
If people's real assets increase, then the:
a. economy will move to the right along the existing consumption function.
b. economy will move to the left along the existing consumption function.
c. consumption function will shift down.
d. consumption function will shift up.
e. investment demand curve will shift up.
The approval of a new drug is a four-stage process: (1) preclinical investigation, (2) clinical inve
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