Author Question: The U.S. government deficit as a percentage of GDP was much larger during World War II than it was ... (Read 45 times)

fnuegbu · **on:** Jun 30, 2018

The U.S. government deficit as a percentage of GDP was much larger during World War II than it was in the 1980s and 1990s.
a. True
b. False
Indicate whether the statement is true or false

Question 2

Sellers who were originally willing to supply 800 units of a good at 4 per unit are now willing to supply 600 units at 4 per unit. That change would be described as:
a. an increase in supply.
b. a decrease in supply.
c. an increase in quantity supplied.
d. a decrease in quantity supplied.