Some argue that budget deficits will lead to reduced private spending because:

A) the government will purchase so many goods and services, creating shortages.
B) budget deficits will reduce interest rates on savings and decrease consumers' wealth.
C) consumers, anticipating paying higher taxes in the future, will reduce current consumption in order to save money to pay the future taxes.
D) the government will have to increase transfer payments in order to finance the deficit.

Jelly has joined drakes team drake sends kelly an email explaining details of the project that she will be working on which of these is good etiquette

Sonic corp. manufactures ski and snowboarding equipment. it has estimated that this year there will be substantial growth in its sales during the winter months. it approaches the bank for credit. what is the purpose of such credit known as? a. expansion b. inventory building c. debt management d. emergency maintenance

Jamie is saving for a trip to europe. she has an existing savings account that earns 3 percent annual interest and has a current balance of $4,200. jamie doesn’t want to use her current savings for vacation, so she decides to borrow the $1,600 she needs for travel expenses. she will repay the loan in exactly one year. the annual interest rate is 6 percent. a. if jamie were to withdraw the $1,600 from her savings account to finance the trip, how much interest would she forgo? .b. if jamie borrows the $1,600 how much will she pay in interest? c. how much does the trip cost her if she borrows rather than dip into her savings?