When federal government spending amounts to less than tax ...

[roselinechinyere27m]

When federal government spending amounts to less than tax revenues, the federal government runs a budget deficit.
 
  Indicate whether the statement is true or false

Question 2

The ________ the price level, the ________.
 
  A) higher; smaller the supply of money
  B) higher; greater the demand for money
  C) higher; greater the supply of money
  D) lower; greater the demand for money
  E) higher; smaller the demand for money

[frankwu0507]

Answer to Question 1

FALSE

Answer to Question 2

B

[roselinechinyere27m]

Correct answers!

[frankwu0507]

Great! Please up vote