« previous next »

Author Question: When federal government spending amounts to less than tax revenues, the federal government runs a ... (Read 121 times)

roselinechinyere27m

  • Hero Member
  • *****
  • Posts: 557
on: Jun 29, 2018
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
Macroeconomics: Principles, Applications and Tools ¦ O'Sullivan, Sheffrin, Perez ¦ 7th Edition
Buy Test-Bank


frankwu0507

  • Sr. Member
  • ****
  • Posts: 322
Reply #1 on: Jun 29, 2018
Answer to Question 1

FALSE

Answer to Question 2

B


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question

roselinechinyere27m

  • Hero Member
  • *****
  • Posts: 557
Reply #2 on: Jun 29, 2018
Correct answers!


frankwu0507

  • Sr. Member
  • ****
  • Posts: 322
Reply #3 on: Jun 29, 2018
Great! Please up vote :D


« previous next »
 

Did you know?

Oliver Wendell Holmes is credited with introducing the words "anesthesia" and "anesthetic" into the English language in 1846.

Did you know?

More than 2,500 barbiturates have been synthesized. At the height of their popularity, about 50 were marketed for human use.

Did you know?

Green tea is able to stop the scent of garlic or onion from causing bad breath.

Did you know?

Asthma occurs in one in 11 children and in one in 12 adults. African Americans and Latinos have a higher risk for developing asthma than other groups.

Did you know?

As of mid-2016, 18.2 million people were receiving advanced retroviral therapy (ART) worldwide. This represents between 43–50% of the 34–39.8 million people living with HIV.

Adults in late middle adulthood frequently look forward to spending more time with their partner Adults in late middle adulthood frequently look forward to spending more time with their partner
Federal vs state law Federal vs state law
This chart shows the various lines of responsibility and how they differ in presidential and parliam This chart shows the various lines of responsibility and how they differ in presidential and parliam
Growth of Government Spending, 1870–2009 Growth of Government Spending, 1870–2009
American Government: Roots and Reform, AP* Edition, 12th Edition American Government: Roots and Reform, AP* Edition, 12th Edition
Presidential success under unified and divided government, from Eisenhower to trump Presidential success under unified and divided government, from Eisenhower to trump
Video: Electrocardiogram Examination

For a complete list of videos, visit our video library