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Author Question: A federal budget deficit occurs when: a. there is deflation. b. federal government purchases exceed ... (Read 113 times)

Sufayan.ah

  • Hero Member
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on: Jun 30, 2018
A federal budget deficit occurs when:
 a. there is deflation.
 b. federal government purchases exceed net taxes.
 c. there is inflation.
 d. aggregate demand is greater than aggregate supply.
  e. aggregate supply is greater than aggregate demand.

Question 2

The primary cause of diseconomies of scale is scarcity of machinery and capital.
 a. True
  b. False
  Indicate whether the statement is true or false


adf223

  • Sr. Member
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  • Posts: 304
Reply #1 on: Jun 30, 2018
Answer to Question 1

b

Answer to Question 2

False


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