When we are running a federal budget surplus, the national debt
A. is definitely rising.
B. is constant.
C. may be falling.
D. is definitely falling.
D. is definitely falling.
You might also like to view...
Corporations must always pay dividends to their shareholders.
Answer the following statement true (T) or false (F)
Full employment GDP is the level of spending ____________.
Fill in the blank(s) with the appropriate word(s).
Macroeconomics is concerned with studying the
A. prices of specific companies' stocks. B. wants of individual consumers. C. behavior of individual decision makers. D. performance of the economy as a whole.
Workers and firms both expect that prices will be 2.5% higher next year than they are this year. As a result
A) workers will be willing to take lower wages next year, but not lower than a 2.5 percent decrease. B) the purchasing power of wages will rise if wages increase by 2.5%. C) the short-run aggregate supply curve will shift to the left as wages increase. D) aggregate demand will increase by 2.5%.