If in a fiscal year, the outlays > incomes

What will be an ideal response?


there is a DEFICIT

Economics

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The tradeoff exhibited by the short-run Phillips curve is

A) higher price level with lower real GDP. B) lower inflation with lower unemployment. C) changing inflation with constant unemployment. D) higher inflation with higher unemployment. E) higher unemployment with lower inflation.

Economics

Discuss the two different methods the Bureau of Economic Analysis (BEA) uses to place current values on foreign direct investments

What will be an ideal response?

Economics

From fiscal year 2012 to fiscal year 2013 China's budget deficit rose 50%. Other things the same, we would expect this to have

a. decreased interest rates and investment. b. decreased interest rates and increased investment. c. increased interest rates and investment. d. increased interest rates and decreased investment.

Economics

A plan to revitalize the downtown area of a struggling city would fulfill which of the following goals to address poverty and inequality?

A. Safety nets B. Economic development C. Redistribution D. None of these is true.

Economics