This topic contains a solution. Click here to go to the answer

Author Question: Which of the following trends has been observed in federal revenues and expenditures over time? a. ... (Read 31 times)

mp14

  • Hero Member
  • *****
  • Posts: 534
Which of the following trends has been observed in federal revenues and expenditures over time?
 a. Expenditures were lower than the revenues in the 1998-2001 period.
  b. Expenditures were lower than the revenues in the 1930s.
  c. Expenditures were higher than the revenues in the 1998-2001 period.
  d. Expenditures were more or less equal to the revenues in the 1930s.
  e. Expenditures were more or less equal to the revenues in the 1998-2001 period.

Question 2

The difference between a change in quantity supplied and a change in supply is that a change in:
 a. quantity supplied is caused by a change in a good's own, current price, while a change in supply is caused by a change in some other variable, such as input prices, prices of related goods, expectations, or taxes.
  b. supply is caused by a change in a good's own, current price, while a change in the quantity supplied is caused by a change in some other variable, such as input prices, prices of related goods, expectations, or taxes.
  c. quantity supplied is a change in the amount people want to sell, while a change in supply is a change in the amount they actually sell.
  d. supply and a change in the quantity supplied are the same thing.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

karlss

  • Sr. Member
  • ****
  • Posts: 321
Answer to Question 1

a

Answer to Question 2

a




mp14

  • Member
  • Posts: 534
Reply 2 on: Jun 30, 2018
Great answer, keep it coming :)


bblaney

  • Member
  • Posts: 323
Reply 3 on: Yesterday
:D TYSM

 

Did you know?

About 80% of major fungal systemic infections are due to Candida albicans. Another form, Candida peritonitis, occurs most often in postoperative patients. A rare disease, Candida meningitis, may follow leukemia, kidney transplant, other immunosuppressed factors, or when suffering from Candida septicemia.

Did you know?

GI conditions that will keep you out of the U.S. armed services include ulcers, varices, fistulas, esophagitis, gastritis, congenital abnormalities, inflammatory bowel disease, enteritis, colitis, proctitis, duodenal diverticula, malabsorption syndromes, hepatitis, cirrhosis, cysts, abscesses, pancreatitis, polyps, certain hemorrhoids, splenomegaly, hernias, recent abdominal surgery, GI bypass or stomach stapling, and artificial GI openings.

Did you know?

If you could remove all of your skin, it would weigh up to 5 pounds.

Did you know?

As the western states of America were settled, pioneers often had to drink rancid water from ponds and other sources. This often resulted in chronic diarrhea, causing many cases of dehydration and death that could have been avoided if clean water had been available.

Did you know?

For pediatric patients, intravenous fluids are the most commonly cited products involved in medication errors that are reported to the USP.

For a complete list of videos, visit our video library