During George W. Bush's presidency
A. the job market was quite robust.
B. The United States' federal budget deficit hit a record high.
C. the federal budget surpluses in the last years of the Clinton presidency continued.
D. we experienced a very high inflation rate.
B. The United States' federal budget deficit hit a record high.
You might also like to view...
The self-interest model of government:
a. suggests that government officials are selfish. b. explains why there are limits on government taxation and spending. c. shows who some government projects take place even if the cost exceeds the benefits. d. All of the above.
Refer to the table above. Suppose that in normal years demand is represented by Case 2 and supply is represented by Case B
If there is exceptionally good growing weather in the wapanzo bean growing region then supply will ________ and demand will ________. A) become case C; become case 1 B) become case C; stay at case 2 C) become case C; become case 3 D) stay at case B; become case 1
The Karaoke Channel Online streams professional-grade karaoke for $9.95 a month. Suppose Karaoke Channel Online has a constant marginal cost of $1 per customer and total fixed cost is $20,000. The profit maximizing number of customers is 10,000
Several competitors start to advertise online. Karaoke Channel Online now spends $5,000 a month on advertising and the profit maximizing number of customers increases to 12,000. What is Karaoke Channel Online's average total cost before the advertising begins? A) $3 B) $2 C) $1 D) $2.66
A high school student is contemplating attending the local university in the fall semesters. She was going to take a job at the local mall paying $12,500 a year and the cost of the tuition, books, fees, etc. would be $15,000 a year. The opportunity cost of attending the university is:
a. $27,500. b. $12,500. c. $15,000. d. $0.