Structural budget surplus is the hypothetical surplus we would have under current fiscal policies if the economy were operating near full employment.
Answer the following statement true (T) or false (F)
True
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If there is an excess supply of money
A) individuals sell bonds, causing the interest rate to rise. B) individuals sell bonds, causing the interest rate to fall. C) individuals buy bonds, causing interest rates to fall. D) individuals buy bonds, causing interest rates to rise.
In 2012, U.S. banks held ________
A) $19.4 million in assets B) $19.4 million in liabilities C) $19.4 billion in assets D) $19.4 trillion in assets
Diversification:
A. reduces the likelihood that bad things will happen. B. means you're not likely going to be completely ruined by a single unfortunate event. C. increases the likelihood that bad things will happen. D. None of these statements is true.
There will be long-run pressure on the price to rise whenever
A. P>ATC.
B. P