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

Author Question: A possible explanation for the persistence of the U.S. federal budget deficits is that: a. it is ... (Read 51 times)

Beheh

  • Hero Member
  • *****
  • Posts: 520
A possible explanation for the persistence of the U.S. federal budget deficits is that:
 a. it is easier politically to increase government spending than to decrease taxes.
  b. it is easier politically to decrease government spending than to decrease taxes.
  c. it is easier politically to increase government spending than to increase taxes.
  d. the economy naturally tends toward recessions.
 e. the economy naturally tends toward full employment.

Question 2

When an economy is operating at full employment, _____.
 a. structural unemployment does not exist
 b. cyclical unemployment does not exist
 c. the unemployment rate is zero
 d. seasonal unemployment does not exist
 e. the number of discouraged workers is zero



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

leahm14

  • Sr. Member
  • ****
  • Posts: 322
Answer to Question 1

c

Answer to Question 2

b




Beheh

  • Member
  • Posts: 520
Reply 2 on: Jun 30, 2018
Thanks for the timely response, appreciate it


miss_1456@hotmail.com

  • Member
  • Posts: 289
Reply 3 on: Yesterday
Wow, this really help

 

Did you know?

Between 1999 and 2012, American adults with high total cholesterol decreased from 18.3% to 12.9%

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?

Most strokes are caused when blood clots move to a blood vessel in the brain and block blood flow to that area. Thrombolytic therapy can be used to dissolve the clot quickly. If given within 3 hours of the first stroke symptoms, this therapy can help limit stroke damage and disability.

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?

On average, someone in the United States has a stroke about every 40 seconds. This is about 795,000 people per year.

For a complete list of videos, visit our video library