8) government budget surplus from reduced government spending will ________ the level of investment in the economy and ________ the level of public saving in the economy. A) increase; decrease B) increase; increase C) decrease; increase D) decrease; decrease
8) government budget surplus from reduced government spending will ________ the level of investment in the economy and ________ the level of public saving in the economy. A) increase; decrease B) increase; increase C) decrease; increase D) decrease; decrease
Principles of Microeconomics
7th Edition
ISBN:9781305156050
Author:N. Gregory Mankiw
Publisher:N. Gregory Mankiw
Chapter2: Thinking Like An Economist
Section: Chapter Questions
Problem 1PA
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Question
8) government budget surplus from reduced government spending will ________ the
level of investment in the economy and ________ the level of
economy.
A) increase; decrease
B) increase; increase
C) decrease; increase
D) decrease; decrease
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