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 74 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
Thanks for the timely response, appreciate it


kjohnson

  • Member
  • Posts: 330
Reply 3 on: Yesterday
:D TYSM

 

Did you know?

The FDA recognizes 118 routes of administration.

Did you know?

Asthma is the most common chronic childhood disease in the world. Most children who develop asthma have symptoms before they are 5 years old.

Did you know?

Oliver Wendell Holmes is credited with introducing the words "anesthesia" and "anesthetic" into the English language in 1846.

Did you know?

In ancient Rome, many of the richer people in the population had lead-induced gout. The reason for this is unclear. Lead poisoning has also been linked to madness.

Did you know?

In the United States, an estimated 50 million unnecessary antibiotics are prescribed for viral respiratory infections.

For a complete list of videos, visit our video library