When was the last year the United States had a budget surplus?
A) 2001 B) 1993 C) 2014 D) 1984
A
Economics
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Why does the numerical value of the multiplier fall when an income tax is added to the income-expenditure model?
Economics
Evidence seems to indicate that the demand for many agricultural products
A) has increased much more than supply over the years. B) is relatively elastic. C) is relatively inelastic. D) is relatively income elastic. E) b and d
Economics
Expectations that the price level will decrease in the future will _____
Fill in the blank(s) with the appropriate word(s).
Economics
When two people are on the contract curve, the allocation of goods
A) cannot be improved. B) is Pareto efficient. C) is such that neither individual can be made better off without making the other worse off. D) All of the above.
Economics