Author Question: A federal budget deficit occurs when: a. there is deflation. b. federal government purchases exceed ... (Read 109 times)

Sufayan.ah

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A federal budget deficit occurs when:
 a. there is deflation.
 b. federal government purchases exceed net taxes.
 c. there is inflation.
 d. aggregate demand is greater than aggregate supply.
  e. aggregate supply is greater than aggregate demand.

Question 2

The primary cause of diseconomies of scale is scarcity of machinery and capital.
 a. True
  b. False
  Indicate whether the statement is true or false



adf223

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Answer to Question 1

b

Answer to Question 2

False



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