Which of the following is NOT an expected consequence of balancing the federal government's budget?
A) increased private investment
B) increased borrowing from foreigners
C) reduced interest payment to foreigners
D) B and C.
B
You might also like to view...
The slope of the budget line
a. always equals 1. b. equals income divided by price. c. equals the ratio of the prices. d. decreases as we move from left to right.
If your income is $50,000 . your income tax liability is $10,000 . and you paid $0.25 in taxes on the last dollar you earned, your
a. marginal tax rate is 20 percent. b. average tax rate is 5 percent. c. marginal tax rate is 25 percent. d. average tax rate is 25 percent.
Which of the following types of unemployment would be reduced by government- subsidized retraining programs?
a. cyclical b. frictional c. seasonal d. structural
Refer to Figure 8.9. This farmer's profit-maximizing level of output is __________ units of output. A) 100 B) 350 C) 500 D) 700