« previous next »

Author Question: If a government had a debt of 300 billion and then ran deficits of 200 billion each year for the ... (Read 122 times)

sheilaspns

  • Hero Member
  • *****
  • Posts: 567
on: Jun 30, 2018
If a government had a debt of 300 billion and then ran deficits of 200 billion each year for the next three years, by the end of the third year its total debt would be
 
  A) -300. B) 300 billion. C) 600 billion. D) 900 billion.

Question 2

The European Central Bank:
 
  A) emphasizes maintaining interest rates below 5.
  B) lays more emphasis on controlling employment than on controlling inflation.
  C) emphasizes maintaining unemployment rates below 5.
  D) lays more emphasis on controlling inflation than on controlling employment.
Macroeconomics: Principles, Applications and Tools ¦ O'Sullivan, Sheffrin, Perez ¦ 7th Edition
Buy Test-Bank


AmberC1996

  • Sr. Member
  • ****
  • Posts: 317
Reply #1 on: Jun 30, 2018
Answer to Question 1

D

Answer to Question 2

D


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

According to research, pregnant women tend to eat more if carrying a baby boy. Male fetuses may secrete a chemical that stimulates their mothers to step up her energy intake.

Did you know?

Chronic necrotizing aspergillosis has a slowly progressive process that, unlike invasive aspergillosis, does not spread to other organ systems or the blood vessels. It most often affects middle-aged and elderly individuals, spreading to surrounding tissue in the lungs. The disease often does not respond to conventionally successful treatments, and requires individualized therapies in order to keep it from becoming life-threatening.

Did you know?

Common abbreviations that cause medication errors include U (unit), mg (milligram), QD (every day), SC (subcutaneous), TIW (three times per week), D/C (discharge or discontinue), HS (at bedtime or "hours of sleep"), cc (cubic centimeters), and AU (each ear).

Did you know?

Children of people with alcoholism are more inclined to drink alcohol or use hard drugs. In fact, they are 400 times more likely to use hard drugs than those who do not have a family history of alcohol addiction.

Did you know?

Autoimmune diseases occur when the immune system destroys its own healthy tissues. When this occurs, white blood cells cannot distinguish between pathogens and normal cells.

Sample budget spreadsheet form for first year of business. Sample budget spreadsheet form for first year of business.
Types of ecosystem service vs. total global value per year Types of ecosystem service vs. total global value per year
Kahan (Last Year) Kahan (Last Year)
Seven students have applied for merit scholarships. This year 3 merit scholarships were ... Seven students have applied for merit scholarships. This year 3 merit scholarships were ...
The constitutional division of Powers Between the National Government and the States The constitutional division of Powers Between the National Government and the States
A promissory note has a face value of $6000 and it has a date of issue of June 1 this year. The ... A promissory note has a face value of $6000 and it has a date of issue of June 1 this year. The ...
Video: Carpal Tunnel Syndrome

For a complete list of videos, visit our video library