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

Author Question: In the figure above, the SLF curve is the supply of loanable funds curve and the PSLF curve is the ... (Read 75 times)

Chelseaamend

  • Hero Member
  • *****
  • Posts: 545
In the figure above, the SLF curve is the supply of loanable funds curve and the PSLF curve is the private supply of loanable funds curve. If there is no Ricardo-Barro effect, the figure shows a situation in which the government has a budget
 
  A) deficit of 0.2 trillion.
  B) deficit of 1.6 trillion.
  C) surplus of 1.4 trillion.
  D) surplus of 0.2 trillion.
  E) surplus of 1.8 trillion.

Question 2

In the long run, the unemployment rate
 
  A) is equal to the expected unemployment rate.
  B) is zero.
  C) can take on any value.
  D) is equal to the natural unemployment rate.
  E) must be equal to the expected inflation rate.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

cloudre37

  • Sr. Member
  • ****
  • Posts: 332
Answer to Question 1

D

Answer to Question 2

D




Chelseaamend

  • Member
  • Posts: 545
Reply 2 on: Jun 29, 2018
Thanks for the timely response, appreciate it


anyusername12131

  • Member
  • Posts: 327
Reply 3 on: Yesterday
:D TYSM

 

Did you know?

Normal urine is sterile. It contains fluids, salts, and waste products. It is free of bacteria, viruses, and fungi.

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?

The effects of organophosphate poisoning are referred to by using the abbreviations “SLUD” or “SLUDGE,” It stands for: salivation, lacrimation, urination, defecation, GI upset, and emesis.

Did you know?

Glaucoma is a leading cause of blindness. As of yet, there is no cure. Everyone is at risk, and there may be no warning signs. It is six to eight times more common in African Americans than in whites. The best and most effective way to detect glaucoma is to receive a dilated eye examination.

Did you know?

Liver spots have nothing whatsoever to do with the liver. They are a type of freckles commonly seen in older adults who have been out in the sun without sufficient sunscreen.

For a complete list of videos, visit our video library