The annual budget deficit grew from 80 billion in 1981 to 290 billion in 1992 . Which of the following was NOT a factor in increasing the deficit?
A. large tax cuts in 1981-1983
B. Increased levels of defense spending in the 1980s
C. federally funded bailout of savings and loan institutions
D. federal spending on programs such as crime, transportation and education
Question 2
Carl contracts to sell his house and lot to Winifred for 30,000 . The terms of the contract call for Winifred to pay 5 percent of the purchase price as a deposit toward the purchase price, or a down payment. The terms further stipulate that should the buyer breach the contract, Carl will retain the money as damages. What type of damages does this agreement exemplify?
a. Compensatory c. Nominal
b. Punitive d. Liquidated
Uranus revolves around the Sun once every 84 Earth years. Its average distance from the Sun is rough
Earth’s history spans 4.5 billion years. Geologists and paleontologists have pieced together the his
Annual Federal Deficit (or Surplus), 1992–2016
Sample budget spreadsheet form for first year of business.
You make 4 semi-annual deposits starting at $350 and increasing at a constant rate of 2.14%. ...
US federal budget deficit/surplus and debt