Author Question: Based on our understanding of the U.S. budget, we know that A) government accounts treat asset ... (Read 115 times)

jjjetplane · **on:** Jun 30, 2018

Based on our understanding of the U.S. budget, we know that

A) government accounts treat asset sales as revenues.
B) government accounts do not treat asset sales as revenues.
C) the NIPA accounts treat asset sales as revenues.
D) neither the government accounts nor the NIPA accounts treat asset sales as revenues.

Question 2

Very high debt burdens can result in

A) fine tuning.
B) automatic stabilizer.
C) the structural deficit.
D) tax smoothing.
E) debt repudiation.