Multiple Choice
Considering only the household sector, an economy will:
A) expand as spending from transfers and borrowing, and savings and taxes increase.
B) contract as spending from transfers and borrowing, and savings and taxes increase.
C) expand as spending from transfers and borrowing increases, and contract as savings and taxes increase.
D) contract as spending from transfers and borrowing increases, and expand as savings and taxes increase.
Correct Answer:

Verified
Correct Answer:
Verified
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