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Author Question: If the government's spending exactly equals its revenues during a budget year, that government is ... (Read 89 times)

ishan

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on: Jun 29, 2018
If the government's spending exactly equals its revenues during a budget year, that government is
 
  A) running a budget deficit.
  B) experiencing a budget surplus.
  C) balancing its budget.
  D) paying off its public debt.

Question 2

The curve that represents all possible combinations of goods that can be produced is called
 
  A) the production possibilities curve.
  B) the resource allocation curve.
  C) the efficiency curve.
  D) the supply curve.


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robbielu01

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Reply #1 on: Jun 29, 2018
Answer to Question 1

C

Answer to Question 2

A


ishan

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  • Posts: 546
Reply 2 on: Jun 29, 2018
Gracias!

adf223

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Reply 3 on: Yesterday
:D TYSM

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