Soon after his election in 1992, President Clinton proposed reducing government spending and increasing taxes For each variable state if it will INCREASE, DECREASE or REMAIN UNCHANGED.   In at least one complete sentence state WHY this change will occur.  Be specific.   Private Saving (Sp): Consumption: (C) Government Saving (Sg)

ECON MACRO
5th Edition
ISBN:9781337000529
Author:William A. McEachern
Publisher:William A. McEachern
Chapter6: Tracking The U.s. Economy
Section: Chapter Questions
Problem 1.3P
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Soon after his election in 1992, President Clinton proposed reducing government spending and increasing taxes

For each variable state if it will INCREASE, DECREASE or REMAIN UNCHANGED.   In at least one complete sentence state WHY this change will occur.  Be specific.

 

  1. Private Saving (Sp):
  2. Consumption: (C)
  3. Government Saving (Sg)
  4. Total Saving: (S)
  5. Real Interest Rates: (r)
  6. Investment: (I)
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