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Author Question: When federal government spending amounts to less than tax revenues, the federal government runs a ... (Read 154 times)

roselinechinyere27m

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on: Jun 29, 2018
When federal government spending amounts to less than tax revenues, the federal government runs a budget deficit.
 
  Indicate whether the statement is true or false

Question 2

The ________ the price level, the ________.
 
  A) higher; smaller the supply of money
  B) higher; greater the demand for money
  C) higher; greater the supply of money
  D) lower; greater the demand for money
  E) higher; smaller the demand for money
Macroeconomics: Principles, Applications and Tools ¦ O'Sullivan, Sheffrin, Perez ¦ 7th Edition
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frankwu0507

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

FALSE

Answer to Question 2

B


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roselinechinyere27m

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Reply #2 on: Jun 29, 2018
Correct answers!


frankwu0507

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Reply #3 on: Jun 29, 2018
Great! Please up vote :D


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