Which of the following can occur simultaneously?
a. An increase in the national debt and a budget surplus
b. A decrease in the national debt and a balanced budget
c. An unchanged national debt and a budget deficit
d. Positive national debt and a budget surplus
e. A decreasing national debt and a budget deficit
D
You might also like to view...
Suppose two nations are seeking to expand their commercial relations. What options do they have in terms of addressing conflicts in standards? Describe each and what conditions might favor different approaches to setting standards
What will be an ideal response?
In recent years, the United States has had large:
A. current account surpluses. B. capital and financial account deficits. C. balance of trade deficits. D. balance of payments surpluses.
The price effect is the effect of a ________ on the quantity of the good ________
A) decrease in the price; demanded B) change in the price; supplied C) change in price and income; consumed D) change in the price; consumed
Examine the following statements and determine if they are normative or positive in nature. Explain your answer
a. The U.S. automotive industry registered its highest growth rate in 5 years in 2012; U.S. auto sales increased by 13% compared to 2011 . b. The U.S. government should increase carbon taxes to control emissions that cause global warming.