This topic contains a solution. Click here to go to the answer

Author Question: A higher deficit in the current year will lead to increased debt in the future only if A) the ... (Read 54 times)

ss2343

  • Hero Member
  • *****
  • Posts: 548
A higher deficit in the current year will lead to increased debt in the future only if
 
  A) the deficit is greater than the previous year's deficit.
  B) the deficit-to-GDP ratio is greater than the debt-to-GDP ratio.
  C) it causes a drop in private saving.
  D) it causes an increase in private saving.
  E) none of the above

Question 2

The primary deficit is
 
  A) government spending minus interest on the debt.
  B) government spending minus net tax revenues.
  C) government spending plus interest on the debt minus net tax revenues.
  D) government spending plus net tax revenues minus interest on the debt.
  E) interest on the debt minus net tax revenues.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

Tabitha_2016

  • Sr. Member
  • ****
  • Posts: 344
Answer to Question 1

E

Answer to Question 2

B





 

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?

The cure for trichomoniasis is easy as long as the patient does not drink alcoholic beverages for 24 hours. Just a single dose of medication is needed to rid the body of the disease. However, without proper precautions, an individual may contract the disease repeatedly. In fact, most people develop trichomoniasis again within three months of their last treatment.

Did you know?

The senior population grows every year. Seniors older than 65 years of age now comprise more than 13% of the total population. However, women outlive men. In the 85-and-over age group, there are only 45 men to every 100 women.

Did you know?

Though newer “smart” infusion pumps are increasingly becoming more sophisticated, they cannot prevent all programming and administration errors. Health care professionals that use smart infusion pumps must still practice the rights of medication administration and have other professionals double-check all high-risk infusions.

Did you know?

The human body's pharmacokinetics are quite varied. Our hair holds onto drugs longer than our urine, blood, or saliva. For example, alcohol can be detected in the hair for up to 90 days after it was consumed. The same is true for marijuana, cocaine, ecstasy, heroin, methamphetamine, and nicotine.

For a complete list of videos, visit our video library