This topic contains a solution. Click here to go to the answer

Author Question: If the government's spending exactly equals its revenues during a budget year, that government is ... (Read 241 times)

ishan

  • Hero Member
  • *****
  • Posts: 546
If the government's spending exactly equals its revenues during a budget year, that government is
 
  A) running a budget deficit.
  B) experiencing a budget surplus.
  C) balancing its budget.
  D) paying off its public debt.

Question 2

The curve that represents all possible combinations of goods that can be produced is called
 
  A) the production possibilities curve.
  B) the resource allocation curve.
  C) the efficiency curve.
  D) the supply curve.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

robbielu01

  • Sr. Member
  • ****
  • Posts: 336
Answer to Question 1

C

Answer to Question 2

A




ishan

  • Member
  • Posts: 546
Reply 2 on: Jun 29, 2018
Thanks for the timely response, appreciate it


kthug

  • Member
  • Posts: 332
Reply 3 on: Yesterday
Great answer, keep it coming :)

 

Did you know?

After 5 years of being diagnosed with rheumatoid arthritis, one every three patients will no longer be able to work.

Did you know?

The first successful kidney transplant was performed in 1954 and occurred in Boston. A kidney from an identical twin was transplanted into his dying brother's body and was not rejected because it did not appear foreign to his body.

Did you know?

More than 2,500 barbiturates have been synthesized. At the height of their popularity, about 50 were marketed for human use.

Did you know?

Asthma cases in Americans are about 75% higher today than they were in 1980.

Did you know?

If you could remove all of your skin, it would weigh up to 5 pounds.

For a complete list of videos, visit our video library