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Author Question: President George W. Bush used part of the budget surplus inherited from the Clinton administration ... (Read 264 times)

pepyto

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on: Jun 29, 2018
President George W. Bush used part of the budget surplus inherited from the Clinton administration to
 
  A) stimulate the economy that was slowing down following the end of the high-tech investment boom.
  B) fund tax cuts.
  C) increase government entitlement spending.
  D) both A and B.

Question 2

When the demand curve shifts rightward and the market moves to a new equilibrium, then the
 
  A) quantity supplied increases.
  B) supply decreases.
  C) quantity supplied decreases.
  D) supply increases.
  E) price falls to restore the equilibrium.
Foundations of Microeconomics ¦ Bade, Parkin ¦ 8th Edition
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djofnc

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Reply #1 on: Jun 29, 2018
Answer to Question 1

D

Answer to Question 2

A


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