If the federal budget has an actual budget surplus of 75 billion, but a cyclically adjusted budget surplus of 50 billion, then the economy must be above potential real GDP.
Indicate whether the statement is true or false
Question 2
How does expansionary monetary policy affect net exports?
A) Expansionary monetary policy reduces exports and increases imports.
B) Expansionary monetary policy reduces exports and reduces imports.
C) Expansionary monetary policy increases exports and reduces imports.
D) Expansionary monetary policy increases exports and increases imports.
Federal vs state govenment
A passenger train crosses Stony Creek Bridge in the Rocky Mountains in 1878. Railroads were importan
Unemployment and Federal Action, 1929–1941
Enzymes: Note the enzyme has the ending ase as in sucrase and the actual substrate is sucrose.
Jet streams and Earth’s heat budget
US federal budget deficit/surplus and debt