In the late 1990s, the more than expected increases in tax revenues were the result of

a. rapid economic growth.
b. rapid increases in the national debt.
c. rising rates of inflation, and therefore, nominal incomes.
d. rising balance of trade surpluses and the import duties they generated.


a

Economics

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Refer to the figure below.________ inflation will eventually move the economy pictured in the diagram from short-run equilibrium at point ________ to long-run equilibrium at point ________. 

A. Rising; A B. Falling; A; C C. Falling; B: C D. Rising; A; C

Economics

If the current account balance is -$100 billion and the capital and financial account balance is $80 billion, then the official settlement account balance is

A) -$20 billion. B) $20 billion. C) always 0. D) impossible to determine with the information given.

Economics

Suppose your employer offers to match funds you place into a savings plan as long as you purchase the company stock and hold it for at least three years. Which of the following is true?

What will be an ideal response?

Economics

Answer the following statement true (T) or false (F)

1) Neoclassical theory suggests that to the extent impulse buying occurs, it is infrequent and does not affect the ability of economic models to predict behavior. 2) Placement of goods in grocery and other retail stores is often done with the objective of encouraging impulse buying. 3) Heuristics generally help people make fewer errors in their decisions. 4) Heuristics generally help people make fewer errors in their decisions.

Economics