Assume that with existing tax and spending laws, government spending exceeds government tax revenues. To cover the resulting shortfall, the government must:
A) increase consumers' incomes.
B) print more money.
C) Borrow money in the financial markets.
D) lower interest rates.
C
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Lana spent $5 to see a movie. We know
A. the movie was worth 500 utils. B. Lana’s total utility from movies was $5. C. the movie was worth at least $5 worth of other goods. D. the movie increased marginal utility.
Refer to Table 2-15. What is George's opportunity cost of mowing a lawn?
A) one-half of a garden cultivated B) two lawns mowed C) two-thirds of a garden cultivated. D) one and a half lawns mowed
How can stock prices affect spending by businesses and households?
What will be an ideal response?
Portfolio investment can generally travel across borders ________ foreign direct investment can.
A. just as quickly as B. more quickly than C. not as quickly as D. None of these statements is true.