President George W. Bush used part of the budget surplus inherited from the Clinton administration to
A) stimulate the economy that was slowing down following the end of the high-tech investment boom.
B) fund tax cuts.
C) increase government entitlement spending.
D) both A and B.
Question 2
When the demand curve shifts rightward and the market moves to a new equilibrium, then the
A) quantity supplied increases.
B) supply decreases.
C) quantity supplied decreases.
D) supply increases.
E) price falls to restore the equilibrium.
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