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

Author Question: The value of the output produced in an economy reflects the value of the income generated by the ... (Read 73 times)

littleanan

  • Hero Member
  • *****
  • Posts: 575
The value of the output produced in an economy reflects the value of the income generated by the factors of production used to produce that output.
 
  Indicate whether the statement is true or false

Question 2

During a recession the:
 
  a. actual budget deficit is smaller than the structural budget deficit.
  b. cyclical budget deficit is larger than the structural budget deficit.
  c. actual budget deficit is larger than the structural budget deficit.
  d. structural budget deficit is larger than the cyclical budget deficit.
  e. none of the above.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

mohan

  • Sr. Member
  • ****
  • Posts: 362
Answer to Question 1

True

Answer to Question 2

C




littleanan

  • Member
  • Posts: 575
Reply 2 on: Jun 30, 2018
Wow, this really help


raili21

  • Member
  • Posts: 324
Reply 3 on: Yesterday
Excellent

 

Did you know?

A strange skin disease referred to as Morgellons has occurred in the southern United States and in California. Symptoms include slowly healing sores, joint pain, persistent fatigue, and a sensation of things crawling through the skin. Another symptom is strange-looking, threadlike extrusions coming out of the skin.

Did you know?

The use of salicylates dates back 2,500 years to Hippocrates's recommendation of willow bark (from which a salicylate is derived) as an aid to the pains of childbirth. However, overdosage of salicylates can harm body fluids, electrolytes, the CNS, the GI tract, the ears, the lungs, the blood, the liver, and the kidneys and cause coma or death.

Did you know?

About 600,000 particles of skin are shed every hour by each human. If you live to age 70 years, you have shed 105 pounds of dead skin.

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?

As many as 28% of hospitalized patients requiring mechanical ventilators to help them breathe (for more than 48 hours) will develop ventilator-associated pneumonia. Current therapy involves intravenous antibiotics, but new antibiotics that can be inhaled (and more directly treat the infection) are being developed.

For a complete list of videos, visit our video library