Author Question: To compare the net public debt of various countries, the debt has to be compared to A) the ... (Read 94 times)

appyboo

  • Hero Member
  • *****
  • Posts: 527
To compare the net public debt of various countries, the debt has to be compared to
 
  A) the country's real GDP. B) the country's current budget deficit or surplus.
  C) the country's trade deficit. D) the country's national defense expenditure.

Question 2

Suppose the economy is initially operating at point A in the above figure. Which of the following statements is TRUE?
 
  A) An unexpected reduction in aggregate demand will cause the economy to move from point A to point B in the short run.
  B) An unexpected reduction in aggregate demand will cause the economy to move from point A to point C in the short run.
  C) An unexpected reduction in aggregate demand will cause the economy to move from point A to point B in the long run.
  D) none of the above



lucas dlamini

  • Sr. Member
  • ****
  • Posts: 327
Answer to Question 1

A

Answer to Question 2

A



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question


 

Did you know?

More than 50% of American adults have oral herpes, which is commonly known as "cold sores" or "fever blisters." The herpes virus can be active on the skin surface without showing any signs or causing any symptoms.

Did you know?

There are immediate benefits of chiropractic adjustments that are visible via magnetic resonance imaging (MRI). It shows that spinal manipulation therapy is effective in decreasing pain and increasing the gaps between the vertebrae, reducing pressure that leads to pain.

Did you know?

Patients who have been on total parenteral nutrition for more than a few days may need to have foods gradually reintroduced to give the digestive tract time to start working again.

Did you know?

Critical care patients are twice as likely to receive the wrong medication. Of these errors, 20% are life-threatening, and 42% require additional life-sustaining treatments.

Did you know?

There are more bacteria in your mouth than there are people in the world.

For a complete list of videos, visit our video library