Less of an Economy's Resources Will Be Channeled into Building

question 57

Multiple Choice

Less of an economy's resources will be channeled into building new factories and equipment when:

• A)interest rates are high.
• B)households decide to save more of their income.
• C)firms are optimistic about their future profits.
• D)aggregate income increases.
• E)an economy has a trade deficit.

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Definitions:

Anti-federalists

Opponents of the ratification of the U.S. Constitution who feared the creation of a strong central government, preferring more power to be held by the states.

Supreme Court

The highest court in the federal judiciary of the United States, with ultimate appellate jurisdiction over all federal and state court cases that involve a point of federal law.

Coequal Branch

A principle referring to the three branches of the U.S. government (Legislative, Executive, Judicial), each having equal power to ensure a balance within the federal system.