This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Government debt is different from individual debt because A) the government can always tax to ... (Read 197 times)

mwit1967

  • Hero Member
  • *****
  • Posts: 501
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.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

wuly

  • Sr. Member
  • ****
  • Posts: 327
Reply #1 on: Jun 30, 2018
Answer to Question 1

A

Answer to Question 2

C


mwit1967

  • Member
  • Posts: 501
Reply 2 on: Jun 30, 2018
YES! Correct, THANKS for helping me on my review

Perkypinki

  • Member
  • Posts: 339
Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

« previous next »
 

Did you know?

The heart is located in the center of the chest, with part of it tipped slightly so that it taps against the left side of the chest.

Did you know?

Giardia is one of the most common intestinal parasites worldwide, and infects up to 20% of the world population, mostly in poorer countries with inadequate sanitation. Infections are most common in children, though chronic Giardia is more common in adults.

Did you know?

Most strokes are caused when blood clots move to a blood vessel in the brain and block blood flow to that area. Thrombolytic therapy can be used to dissolve the clot quickly. If given within 3 hours of the first stroke symptoms, this therapy can help limit stroke damage and disability.

Did you know?

More than 34,000 trademarked medication names and more than 10,000 generic medication names are in use in the United States.

Did you know?

The most dangerous mercury compound, dimethyl mercury, is so toxic that even a few microliters spilled on the skin can cause death. Mercury has been shown to accumulate in higher amounts in the following types of fish than other types: swordfish, shark, mackerel, tilefish, crab, and tuna.

Acromegaly in one individual from a pair of identical twins. Acromegaly in one individual from a pair of identical twins.
In 2008, the U.S. economy suffered a gaping wound as several trillion dollars were ripped out of it. In 2008, the U.S. economy suffered a gaping wound as several trillion dollars were ripped out of it.
In the summer of 1793, a yellow fever epidemic struck Philadelphia, killing nearly 4,000. Tens of th In the summer of 1793, a yellow fever epidemic struck Philadelphia, killing nearly 4,000. Tens of th
Niche: An individual’s ecological role Niche: An individual’s ecological role
American Government: Roots and Reform, 2009 Edition American Government: Roots and Reform, 2009 Edition
Differences in brain metabolism in the brain of an unaffected individual (upper) and a schizophrenic Differences in brain metabolism in the brain of an unaffected individual (upper) and a schizophrenic
Video: Lactation and Breast Feeding

For a complete list of videos, visit our video library