Author Question: A federal government surplus is said to exist in the event that ________. A) federal outlays are ... (Read 60 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?

The familiar sounds of your heart are made by the heart's valves as they open and close.

Did you know?

Stevens-Johnson syndrome and Toxic Epidermal Necrolysis syndrome are life-threatening reactions that can result in death. Complications include permanent blindness, dry-eye syndrome, lung damage, photophobia, asthma, chronic obstructive pulmonary disease, permanent loss of nail beds, scarring of mucous membranes, arthritis, and chronic fatigue syndrome. Many patients' pores scar shut, causing them to retain heat.

Did you know?

Pubic lice (crabs) are usually spread through sexual contact. You cannot catch them by using a public toilet.

Did you know?

The newest statin drug, rosuvastatin, has been called a superstatin because it appears to reduce LDL cholesterol to a greater degree than the other approved statin drugs.

Did you know?

Hip fractures are the most serious consequences of osteoporosis. The incidence of hip fractures increases with each decade among patients in their 60s to patients in their 90s for both women and men of all populations. Men and women older than 80 years of age show the highest incidence of hip fractures.

For a complete list of videos, visit our video library