An increase in the government budget surplus, everything else constant, will cause a(n)
A) equal increase in private consumption.
B) decrease in the growth rate.
C) equal decrease in private investment.
D) decrease in national saving.
E) increase in national saving.
Correct Answer:
Verified
Q30: Which of the equations is a correct
Q31: If real income grows at approximately 2
Q32: Consuming fewer goods today in order to
Q33: Sustained economic growth in the long run
Q34: The Neoclassical growth model assumes that, with
Q36: Modern or "new" theories of long- run
Q37: Consider the competing products made by Apple
Q38: According to the Neoclassical growth model, it
Q39: Investment in innovation is often considered to
Q40: In Neoclassical growth theory, an increase in
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents