Suppose a country is an open economy. Everything else remaining constant, if government expenditure increases then
Group of answer choices
public saving decreases
public saving increases
Private saving decreases
None of the other alternatives is correct
Suppose a country is a closed economy. Everything else remaining constant, if tax increases then
Group of answer choices
public saving increase = private saving decrease
public saving increase > private saving decrease
public saving increase < private saving decrease
None of the other alternatives is correct
Suppose a country is an open economy. Everything else remaining constant, if government expenditure increases then
Group of answer choices
trade surplus decreases or trade deficit increases
trade surplus decreases or trade deficit decreases
trade surplus increases or trade deficit increases
None of the other alternatives is correct
Suppose a country is an open economy. Everything else remaining constant, if government expenditure increases then
Group of answer choices
the country's trade surplus decreases
the country's trade surplus increases
the country's trade surplus becomes 0
None of the other alternatives is correct
Suppose a country is an open economy. Everything else remaining constant, if government expenditure increases then
Group of answer choices
National Saving decreases
National saving is unchanged
National saving increases
None of the other alternatives is correct
Suppose a country is a closed economy. Everything else remaining constant, if tax increases then
Group of answer choices
Private saving decreases
private saving is unchanged
public saving decreases
None of the other alternatives is correct
Suppose a country is a closed economy. Everything else remaining constant, if tax increases then
Group of answer choices
National saving is identical before and after the change in tax
National saving is less after the tax change
National saving is more after the tax change
None of the other alternatives is correct
Suppose a country is a closed economy. Everything else remaining constant, if tax increases then
Group of answer choices
National Investment is the same before and after the tax
National investment is greater after the tax
National Investment is lesser after the tax
None of the other alternatives is correct
Suppose a country is a closed economy. Everything else remaining constant, if tax increases then
Group of answer choices
public saving increases
public saving decreases
private savings increases
None of the other alternatives is correct
Suppose a country is an open economy. Everything else remaining constant, if government expenditure increases then
Group of answer choices
Private saving is unchanged
Private saving decreases
Private saving increases
None of the other alternatives is correct
