« previous next »

Author Question: When government spending exceeds government revenues during a given period of time A) the ... (Read 33 times)

asd123

  • Hero Member
  • *****
  • Posts: 557
on: Jun 30, 2018
When government spending exceeds government revenues during a given period of time
 
  A) the national debt must be decreasing. B) a budget surplus exists.
  C) Congress is obliged to raise taxes. D) a budget deficit exists.

Question 2

Assuming all else equal, if the production technology available to a nation improves, its aggregate production function:
 
  A) shifts inward. B) becomes vertical.
  C) shifts upward. D) becomes horizontal.


cswans24

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

D

Answer to Question 2

C


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

Famous people who died from poisoning or drug overdose include, Adolf Hitler, Socrates, Juan Ponce de Leon, Marilyn Monroe, Judy Garland, and John Belushi.

Did you know?

People about to have surgery must tell their health care providers about all supplements they take.

Did you know?

Though Candida and Aspergillus species are the most common fungal pathogens causing invasive fungal disease in the immunocompromised, infections due to previously uncommon hyaline and dematiaceous filamentous fungi are occurring more often today. Rare fungal infections, once accurately diagnosed, may require surgical debridement, immunotherapy, and newer antifungals used singly or in combination with older antifungals, on a case-by-case basis.

Did you know?

More than nineteen million Americans carry the factor V gene that causes blood clots, pulmonary embolism, and heart disease.

Did you know?

All adverse reactions are commonly charted in red ink in the patient's record and usually are noted on the front of the chart. Failure to follow correct documentation procedures may result in malpractice lawsuits.

The world has been horrified recently at a U.S. Congress so polarized and paralyzed that it cannot p The world has been horrified recently at a U.S. Congress so polarized and paralyzed that it cannot p
Time Time
Adolescence is a key period for the development of lifelong interests and career paths. Adolescence is a key period for the development of lifelong interests and career paths.
Embryonic Period - By the second day after fertilization Embryonic Period - By the second day after fertilization
Embryonic Period Embryonic Period
Embryonic Period Embryonic Period
Video: Darwin's Observation (Fossils, Galapagos Islands & Africa ) and Natural Selection (Adaptive Traits)

For a complete list of videos, visit our video library