The initial effect of the 2009 Obama Stimulus Plan upon the federal budget was to
A. eliminate the corporate income tax liabilities of major oil companies.
B. increase the federal budget deficit by as much as $750 billion.
C. eliminate all opportunities for "logrolling" in the Congress.
D. all of the options are correct.
Answer: B
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A country with an official settlements balance of zero and a negative current account balance is a
A) net creditor. B) net lender. C) net borrower. D) net saver. E) None of the above answers is correct because it is not possible to have an official settlements balance of zero and a negative current account balance.
Assume foreign beer is a normal good. If the incomes of demanders increase,
A) demand for foreign beer will increase. B) the quantity supplied of foreign beer will increase. C) the price of foreign beer will increase. D) all of the above will occur. E) none of the above will occur.
In 2006 the Texas Two Step lottery had hit an all-time high jackpot of $2.9 million. If the odds of winning the jackpot are 1.8 million to one and the cost of one lottery ticket is $1.00 is this a fair game? Explain
What will be an ideal response?
Monthly payments on "exotic" mortgages are constant over the life of the mortgage.
Answer the following statement true (T) or false (F)