Author Question: An economic theory is also known as an economic A) model. B) prediction. C) conclusion. D) ... (Read 49 times)

c0205847

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An economic theory is also known as an economic
 
  A) model.
  B) prediction.
  C) conclusion.
  D) assumption.

Question 2

All of the following are possible explanations for the increase in U.S. government budget deficits as a percentage of GDP since the early 2001 EXCEPT
 
  A) increases in tax revenues.
  B) increases in payments for entitlements.
  C) increases in government spending.
  D) decreases in tax rates.



princessflame2016

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Answer to Question 1

A

Answer to Question 2

A



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