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Author Question: If a budget is cyclically balanced, the government should run a surplus when the economy experiences ... (Read 113 times)

Charlie

  • Hero Member
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  • Posts: 640
on: Jun 30, 2018
If a budget is cyclically balanced, the government should run a surplus when the economy experiences an expansionary gap.
 a. True
  b. False
  Indicate whether the statement is true or false

Question 2

A major cost of unemployment is lost production.
 a. True
  b. False
  Indicate whether the statement is true or false


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bigsis44

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

False

Answer to Question 2

True


Charlie

  • Member
  • Posts: 640
Reply 2 on: Jun 30, 2018
Excellent

sultana.d

  • Member
  • Posts: 320
Reply 3 on: Yesterday
:D TYSM

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