Homework Clinic

Social Science Clinic => Economics => Topic started by: Yolanda on Apr 19, 2019

Title: The legislative intent of the Gramm-Rudman-Hollings Act was to
Post by: Yolanda on Apr 19, 2019

Question 1

Other things equal, ________ interest rates increase the government deficit because of ________ government interest payments.

◦ high; lower
◦ high; higher
◦ low; lower
◦ low; higher

Question 2

The legislative intent of the Gramm-Rudman-Hollings Act was to

◦ reduce the federal deficit by a set amount each year.
◦ increase federal interstate highway expenditures.
◦ increase defense-related expenditures.
◦ decrease personal and corporate taxes.

Title: The legislative intent of the Gramm-Rudman-Hollings Act was to
Post by: TDubDCFL on Apr 19, 2019

Answer 1

high; higher

Answer 2

reduce the federal deficit by a set amount each year.