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Author Question: Government debt is different from individual debt because A) the government can always tax to ... (Read 130 times)

mwit1967

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on: Jun 30, 2018
Government debt is different from individual debt because
 
  A) the government can always tax to reduce it.
  B) the government cannot declare bankruptcy.
  C) the government does not need to pay interest.
  D) the government can decide the interest rate.

Question 2

If the price level is constant in the short run,
 
  A) the short-run aggregate demand curve is horizontal.
  B) the short-run aggregate demand curve is vertical.
  C) the short-run aggregate supply curve is horizontal.
  D) the short-run aggregate supply curve is vertical.


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wuly

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Reply #1 on: Jun 30, 2018
Answer to Question 1

A

Answer to Question 2

C


mwit1967

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Reply 2 on: Jun 30, 2018
Wow, this really help

mcarey591

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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