These answers are not the correct ones, I dont know if they are correct; please

Question

These answers are not the correct ones, I dont know if they are correct; please give me the right answers, please see my other questions, thank you

The long-run level of output is known as: balanced budget output. potential output. recognized output. structural output. According to the wealth effect, when prices decrease, the purchasing power of assets: decreases and consumer spending increases, decreases and consumer spending decreases. increases and consumer spending decreases. increases and consumer spending increases. The largest categories of government purchases of goods and services are: border patrol and interstate highway maintenance. law enforcement and environmental protection. scientific research and foreign aid. national defense and education. Crowding out means: there are too many players in the financial markets. some bondholders will be squeezed out of the market. private savings decreases when the government borrows money. private investment decreases when the government borrows money.

Explanation / Answer

5. D

6. B

7. B

8. C

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