Author Question: Persistent current account deficits for the United States have A) increased government budget ... (Read 106 times)

Destiiny22

  • Hero Member
  • *****
  • Posts: 557
Persistent current account deficits for the United States have
 
  A) increased government budget deficits.
  B) decreased investment in new plant and equipment.
  C) slowed economic growth.
  D) None of the above are correct.

Question 2

If the federal budget has an actual budget deficit of 100 billion and a cyclically adjusted budget deficit of 75 billion, then the economy
 
  A) must be at potential real GDP. B) must be above potential real GDP.
  C) could be below or above potential real GDP. D) must be below potential real GDP.



k2629

  • Sr. Member
  • ****
  • Posts: 357
Answer to Question 1

D

Answer to Question 2

D



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

During pregnancy, a woman is more likely to experience bleeding gums and nosebleeds caused by hormonal changes that increase blood flow to the mouth and nose.

Did you know?

Urine turns bright yellow if larger than normal amounts of certain substances are consumed; one of these substances is asparagus.

Did you know?

In 1835 it was discovered that a disease of silkworms known as muscardine could be transferred from one silkworm to another, and was caused by a fungus.

Did you know?

Critical care patients are twice as likely to receive the wrong medication. Of these errors, 20% are life-threatening, and 42% require additional life-sustaining treatments.

Did you know?

During the twentieth century, a variant of the metric system was used in Russia and France in which the base unit of mass was the tonne. Instead of kilograms, this system used millitonnes (mt).

For a complete list of videos, visit our video library