1. There is relatively more crowding out as the result of expansionary fiscal policy when
2. Among those hurt by inflation are I.   borrowers at fixed interest rates II.   individuals on fixed incomes III.   those with savings earning fixed interest rates IV.   restaurant owners
3. If real GDP per capita grows at a rate of 10 percent a year then we can expect the standard of living to double in
4. Which of the following is NOT an argument for restricting trade?
5. A balance of payments deficit means that a country has
