When foreign residents buy U.S. Treasury securities to finance the budget deficit
A) we can also anticipate a decrease in the trade deficit.
B) the trade deficit will not be affected.
C) we can also anticipate an increase in the trade deficit.
D) the public debt will be reduced.
Question 2
According to the Solow model, given the levels of total efficiency units of labor and technology:
A) efficiency units of labor do not play any role in the determination of steady-state equilibrium level of GDP.
B) there is a maximum fixed level of GDP that an economy can achieve by increasing savings.
C) increases in the savings rate is the sole reason for sustained economic growth.
D) increases in the rate of physical capital accumulation can be the sole reason for sustained economic growth.
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In 2013, Americans learned that the federal government massively surveys their phone calls and e-mai
Annual Federal Deficit (or Surplus), 1992–2016
Exterior View of Tholos, The So-called Treasury of Atreus
Homozygous Markers Among Tristan Residents
US federal budget deficit/surplus and debt