Author Question: Sustained federal deficits tend, other things the same, ________. A) to decrease income ... (Read 29 times)

Mimi · **on:** Jun 30, 2018

Sustained federal deficits tend, other things the same, ________.

A) to decrease income inequality in the United States
B) to decrease income inequality in Europe but not the United States
C) to increase income inequality in the United States
D) have little effect on the distribution of income in market economies

Question 2

The value of every monetary transaction in the economy would be included in

a. GDP.
b. potential GDP.
c. personal income.
d. national income.
e. None of the above.