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Author Question: With respect to deficits, __________.? A) A state cannot have a budget deficit and a trade ... (Read 29 times)

j.rubin

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on: Sep 4, 2018
With respect to deficits, __________.?
 
  A) A state cannot have a budget deficit and a trade deficit at the same time.
  B) If a state has a trade deficit, it must have a budget deficit.
  C) A state can have either a budget deficit or a trade deficit, but not both.
  D) A state can have a trade deficit without having a budget deficit.

Question 2

The fact that supply and demand do not always produce stability is demonstrated by the wild swings in the price of __________.
 
  A) automobiles
  B) steel
  C) food
  D) oil


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kusterl

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Reply #1 on: Sep 4, 2018
Answer to Question 1

Answer: D

Answer to Question 2

Answer: D


j.rubin

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Reply 2 on: Sep 4, 2018
YES! Correct, THANKS for helping me on my review

lindahyatt42

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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