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Author Question: If the government spends less than what it receives in taxes during a given interval, then the ... (Read 66 times)

HCHenry

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on: Jun 29, 2018
If the government spends less than what it receives in taxes during a given interval, then the result is
 
  A) a balanced budget.
  B) an entitlement.
  C) unrealized public debt.
  D) a government budget surplus.

Question 2

An economic model should capture
 
  A) the essential relationships that help to analyze the problem.
  B) all possible variables that apply to the problem.
  C) only social value related variables.
  D) all of the above.


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14vl19

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Reply #1 on: Jun 29, 2018
Answer to Question 1

D

Answer to Question 2

A


HCHenry

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Reply 2 on: Jun 29, 2018
Great answer, keep it coming :)

sailorcrescent

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

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