This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: The increase in spending that occurs because the real value of money increases when the price level ... (Read 33 times)

tiara099

  • Hero Member
  • *****
  • Posts: 588
on: Jun 30, 2018
The increase in spending that occurs because the real value of money increases when the price level falls is known as the
 
  A) price effect. B) wealth effect.
  C) interest rate effect. D) international trade effect.

Question 2

If government spending is 650 billion while government revenue is 950 billion, the government is said to have a
 
  A) 300 billion budget surplus. B) 300 billion budget deficit.
  C) 1,600 billion budget balance. D) 950 billion budget deficit.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

ryrychapman11

  • Sr. Member
  • ****
  • Posts: 334
Reply #1 on: Jun 30, 2018
Answer to Question 1

B

Answer to Question 2

A


tiara099

  • Member
  • Posts: 588
Reply 2 on: Jun 30, 2018
Excellent

AngeliqueG

  • Member
  • Posts: 343
Reply 3 on: Yesterday
Gracias!

« previous next »
 

Did you know?

Astigmatism is the most common vision problem. It may accompany nearsightedness or farsightedness. It is usually caused by an irregularly shaped cornea, but sometimes it is the result of an irregularly shaped lens. Either type can be corrected by eyeglasses, contact lenses, or refractive surgery.

Did you know?

No drugs are available to relieve parathyroid disease. Parathyroid disease is caused by a parathyroid tumor, and it needs to be removed by surgery.

Did you know?

Every flu season is different, and even healthy people can get extremely sick from the flu, as well as spread it to others. The flu season can begin as early as October and last as late as May. Every person over six months of age should get an annual flu vaccine. The vaccine cannot cause you to get influenza, but in some seasons, may not be completely able to prevent you from acquiring influenza due to changes in causative viruses. The viruses in the flu shot are killed—there is no way they can give you the flu. Minor side effects include soreness, redness, or swelling where the shot was given. It is possible to develop a slight fever, and body aches, but these are simply signs that the body is responding to the vaccine and making itself ready to fight off the influenza virus should you come in contact with it.

Did you know?

Eating food that has been cooked with poppy seeds may cause you to fail a drug screening test, because the seeds contain enough opiate alkaloids to register as a positive.

Did you know?

More than 30% of American adults, and about 12% of children utilize health care approaches that were developed outside of conventional medicine.

Nuclear division at the DNA level Nuclear division at the DNA level
Comparison of the level of skin damage as a result of the three different degrees of burns. Comparison of the level of skin damage as a result of the three different degrees of burns.
Sea Level during the Last Glaciation Sea Level during the Last Glaciation
Numerical pain level chart with word modifiers. Numerical pain level chart with word modifiers.
Control of blood glucose level. Control of blood glucose level.
A weather map depicting the sea-level pressure distribution for March 4, 1994. A weather map depicting the sea-level pressure distribution for March 4, 1994.
Video: Lipid absorption - end products & transport mechanism

For a complete list of videos, visit our video library