Author Question: A federal government surplus is said to exist in the event that ________. A) federal outlays are ... (Read 98 times)

lracut11

  • Hero Member
  • *****
  • Posts: 536
A federal government surplus is said to exist in the event that ________.
 
  A) federal outlays are greater than federal revenues
  B) federal outlays are equal to federal revenues
  C) federal outlays are less than federal revenues
  D) any of the above conditions exists

Question 2

The Solow model is ________.
 
  A) the basic model of how technology changes over time
  B) the foundation for the classical economic thought of Adam Smith
  C) one of the dominant explanations of the business cycle
  D) based on the notion of diminishing marginal product of capital and labor



chloejackso

  • Sr. Member
  • ****
  • Posts: 316
Answer to Question 1

C

Answer to Question 2

D



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

Oxytocin is recommended only for pregnancies that have a medical reason for inducing labor (such as eclampsia) and is not recommended for elective procedures or for making the birthing process more convenient.

Did you know?

Prostaglandins were first isolated from human semen in Sweden in the 1930s. They were so named because the researcher thought that they came from the prostate gland. In fact, prostaglandins exist and are synthesized in almost every cell of the body.

Did you know?

Certain rare plants containing cyanide include apricot pits and a type of potato called cassava. Fortunately, only chronic or massive ingestion of any of these plants can lead to serious poisoning.

Did you know?

The term pharmacology is derived from the Greek words pharmakon("claim, medicine, poison, or remedy") and logos ("study").

Did you know?

Astigmatism is the most common vision problem. It may accompany nearsightedness or farsightedness. It is usually caused by an irregularly shaped cornea, but sometimes it is the result of an irregularly shaped lens. Either type can be corrected by eyeglasses, contact lenses, or refractive surgery.

For a complete list of videos, visit our video library