The budget deficit tends to decline during periods of recession ...

[Lisaclaire]

The budget deficit tends to decline during periods of recession and to increase during periods of economic recovery.
 a. True
  b. False
  Indicate whether the statement is true or false

Question 2

Which of the following events would most likely cause the nominal interest rate to fall?
 a. A decrease in the supply of loanable funds
 b. An increase in the demand for loanable funds
 c. An increase in the supply of loanable funds and an increase in the demand for loanable funds
  d. An increase in the supply of loanable funds and a decrease in the demand for loanable funds
  e. A decrease in the supply of loanable funds and an increase in the demand for loanable funds

[macagnavarro]

Answer to Question 1

False

Answer to Question 2

d

[Lisaclaire]

Excellent

[bigcheese9]

Thanks for the timely response, appreciate it