Author Question: If the GDP price index rises from 100 to 110 to 115 over three consecutive years, it can be ... (Read 60 times)

ARLKQ

  • Hero Member
  • *****
  • Posts: 571
If the GDP price index rises from 100 to 110 to 115 over three consecutive years, it can be concluded that the inflation rate is decreasing.
 a. True
  b. False
  Indicate whether the statement is true or false

Question 2

The federal budget is:
 a. submitted by Congress to the President and contains proposals for tax increases.
 b. submitted by Congress to the President and contains proposals for government expenditures.
  c. always in balance, with receipts equal to expenditures.
 d. equal to government purchases plus cash and in-kind transfer payments.
 e. usually planned for the calendar year, which starts from January.



fromAlphatoOmega22

  • Sr. Member
  • ****
  • Posts: 345
Answer to Question 1

True

Answer to Question 2

c



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

The B-complex vitamins and vitamin C are not stored in the body and must be replaced each day.

Did you know?

Once thought to have neurofibromatosis, Joseph Merrick (also known as "the elephant man") is now, in retrospect, thought by clinical experts to have had Proteus syndrome. This endocrine disease causes continued and abnormal growth of the bones, muscles, skin, and so on and can become completely debilitating with severe deformities occurring anywhere on the body.

Did you know?

The word drug comes from the Dutch word droog (meaning "dry"). For centuries, most drugs came from dried plants, hence the name.

Did you know?

Many medications that are used to treat infertility are injected subcutaneously. This is easy to do using the anterior abdomen as the site of injection but avoiding the area directly around the belly button.

Did you know?

Warfarin was developed as a consequence of the study of a strange bleeding disorder that suddenly occurred in cattle on the northern prairies of the United States in the early 1900s.

For a complete list of videos, visit our video library