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Author Question: An increase in the federal budget deficit: a. only occurs when there is a deficit in the balance of ... (Read 59 times)

sc00by25

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An increase in the federal budget deficit:
 a. only occurs when there is a deficit in the balance of trade.
 b. creates deflation.
 c. decreases aggregate demand.
 d. decreases the aggregate quantity demanded along a stationary aggregate demand curve.
  e. raises the equilibrium level of output and employment.

Question 2

Diseconomies of scale cause the short-run marginal cost curve to slope upwards.
 a. True
  b. False
  Indicate whether the statement is true or false



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LegendaryAnswers

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Answer to Question 1

e

Answer to Question 2

False




sc00by25

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Reply 2 on: Jun 30, 2018
Excellent


ryansturges

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

 

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