The budget balance equals:
A) taxes plus government spending.
B) taxes minus government spending.
C) consumption plus investment.
D) imports minus exports.
Correct Answer:
Verified
Q14: Investment spending in macroeconomics refers to:
A) buying
Q15: MOST physical capital, except for infrastructure, is
Q16: Private savings equals:
A) income after taxes minus
Q17: Economists view _ as investment spending.
A) stocks
B)
Q18: MOST human capital is provided by: I.
Q20: GDP is $12 trillion this year in
Q21: To help increase investment spending, the government
Q22: In an open economy, total investment equals:
A)
Q23: In a closed economy, investment spending, I,
Q24: In a closed economy, all investment spending
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