Kidney-

above-

What are open market operations?  

Suppose that consumption spending is $19 million, planned investment spending is $6 million, actual investment spending is $6 million, government purchases are $12 million, and net export spending is $4 million. Based on this information, which of the following is true?

sclera-

If the economy starts at point A, where will the long-run equilibrium end up if there is an increase in investment spending?

The accumulation of all prior years deficits and surpluses is called the ___________.

The term “crowding out” refers to a decline in ________ as a result of an increase in ________.

Which of the following are automatic stabilizers

Joe’s cousin says that since the marginal propensity to consume is .75, the multiplier is 1.33.  Joe’s cousin is correct.