What percentage of total spending must president and, Ask an Expert

Economics

Q. What percentage of total spending must president and Congress act upon each year? What accounts for remaining expenditures?

Q. What will be impact of this change on equilibrium real rate of interest and level of saving and investment if interest rate elasticity of household saving is zero? How do your answers change if interest rate elasticity of household saving is positive?

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Business Economics, Economics

Category:- Business Economics
Reference No.:- M9306919

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