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If you have trouble finding a job because of a slowdown in the overall economy, we would say that you are
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- Use Table 16-3. If real GDP is $3,000 billion, then unplanned investment will be:
- bThe long-run effect of higher government budget deficits on the equilibrium annual flow of real GDP is zero. Who, therefore, benefits in the long run from higher government deficits?Those who benefit in the long run from higher budget deficits areA.those who receive the larger share of the annual flow of real GDP to government-provided goods and services—that is, those to whom these goods and services are not redistributed.B.those who receive the larger share of the annual flow of real GDP to government-provided goods and services—that is, those to whom these goods and services are redistributed.C.those who receive the smaller share of the annual flow of real GDP to government-provided goods and services—that is, those to whom these goods and services are redistributed.D.those who receive the smaller share of the annual flow of real GDP to government-provided goods and services—that is, those to whom these goods and services are not redistributed
- Even though it is not the largest component of aggregate expenditure, investment is still vitally important for an economy for all of the following reasons except