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

Author Question: If the government spends exactly what it receives in taxes during a given interval, then the result ... (Read 90 times)

mckennatimberlake

  • Hero Member
  • *****
  • Posts: 559
on: Jun 29, 2018
If the government spends exactly what it receives in taxes during a given interval, then the result is
 
  A) a balanced budget.
  B) the gross public debt.
  C) the net public debt.
  D) a government budget deficit.

Question 2

Suppose the price of crude oil used to produce gasoline rises significantly. At the same time, consumers purchase hybrid cars in great numbers. In the market for gasoline, the market clearing price ________ and the equilibrium quantity ________.
 
  A) definitely falls, is indeterminate
  B) is indeterminate, definitely falls
  C) definitely falls, definitely rises
  D) definitely rises, is indeterminate


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

Chelseyj.hasty

  • Sr. Member
  • ****
  • Posts: 319
Reply #1 on: Jun 29, 2018
Answer to Question 1

A

Answer to Question 2

B


mckennatimberlake

  • Member
  • Posts: 559
Reply 2 on: Jun 29, 2018
Gracias!

mammy1697

  • Member
  • Posts: 341
Reply 3 on: Yesterday
Wow, this really help

« previous next »
 

Did you know?

Although the Roman numeral for the number 4 has always been taught to have been "IV," according to historians, the ancient Romans probably used "IIII" most of the time. This is partially backed up by the fact that early grandfather clocks displayed IIII for the number 4 instead of IV. Early clockmakers apparently thought that the IIII balanced out the VIII (used for the number 8) on the clock face and that it just looked better.

Did you know?

About 600,000 particles of skin are shed every hour by each human. If you live to age 70 years, you have shed 105 pounds of dead skin.

Did you know?

Asthma attacks and symptoms usually get started by specific triggers (such as viruses, allergies, gases, and air particles). You should talk to your doctor about these triggers and find ways to avoid or get rid of them.

Did you know?

Medication errors are more common among seriously ill patients than with those with minor conditions.

Did you know?

The human body produces and destroys 15 million blood cells every second.

The world attempted to deal with Somalia as if it were a real country but painfully learned that Som The world attempted to deal with Somalia as if it were a real country but painfully learned that Som
Inflamed skin (dermatitis) can result from pellagra Inflamed skin (dermatitis) can result from pellagra
Mr. jackson's lab result - Chest X-Ray, CT Scan of Brain, and Cerebral Angiogram Mr. jackson's lab result - Chest X-Ray, CT Scan of Brain, and Cerebral Angiogram
Sketch a graph of the function h(x), by hand on the following interval: Sketch a graph of the function h(x), by hand on the following interval:
As a result of the pressure gradient in the following picture, what happens to transpiration? As a result of the pressure gradient in the following picture, what happens to transpiration?
Production of prototrophs as a result of genetic recombination Production of prototrophs as a result of genetic recombination
Video: Arthritis

For a complete list of videos, visit our video library