Author Question: Persistent current account deficits for the United States have A) increased government budget ... (Read 105 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?

The first-known contraceptive was crocodile dung, used in Egypt in 2000 BC. Condoms were also reportedly used, made of animal bladders or intestines.

Did you know?

People with high total cholesterol have about two times the risk for heart disease as people with ideal levels.

Did you know?

Methicillin-resistant Staphylococcus aureus or MRSA was discovered in 1961 in the United Kingdom. It if often referred to as a superbug. MRSA infections cause more deaths in the United States every year than AIDS.

Methicilli ...
Did you know?

Human kidneys will clean about 1 million gallons of blood in an average lifetime.

Did you know?

Your skin wrinkles if you stay in the bathtub a long time because the outermost layer of skin (which consists of dead keratin) swells when it absorbs water. It is tightly attached to the skin below it, so it compensates for the increased area by wrinkling. This happens to the hands and feet because they have the thickest layer of dead keratin cells.

For a complete list of videos, visit our video library