During a Recession,governments Tend to Run Budget Deficits

question 91

Multiple Choice

During a recession,governments tend to run budget deficits.What effect will this have on the savings supply curve?

• A)It will result in a movement along the curve.
• B)It will shift the curve to the right.
• C)It will shift the curve to the left.
• D)There will be no change in the curve.

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A measure of how much the quantity demanded of a good responds to a change in the price of that good, quantitatively defined as the percentage change in quantity demanded divided by the percentage change in price.

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