The official measure of the deficit becomes more inaccurate as
A) the inflation rate rises.
B) the total debt falls.
C) taxes rise.
D) all of the above
E) none of the above
A
You might also like to view...
The payoff matrix below shows the daily profit for two firms, Row Restaurant and Column Cafe, for two different strategies, publishing coupons in the student paper and not publishing coupons in the student paper. 
If Row Restaurant publishes coupons, Column Cafe would earn the highest profit if it:
A. did not publish coupons. B. chooses either strategy because Column Cafe will have the same profit in either case. C. also published coupons. D. only offered coupons half of the time.
An increase in the demand for chicken is predicted to ________ the real wage and ________ employment of unskilled workers in a poultry processing plant.
A. increase; increase B. decrease; decrease C. increase; not change D. increase; decrease
Consider the labor market in an industry that is initially in equilibrium. Which of the following will result when a government policy suddenly forces firms in this industry to improve their working conditions?
a. The labor supply curve will shift to the right and exert a downward pressure on the wage rate. b. The labor supply curve will shift to the left and exert an upward pressure on the wage rate. c. The labor demand curve will shift to the right and exert an upward pressure on the wage rate. d. The labor demand curve will shift to the left and exert an upward pressure on the wage rate.
Give an example that shows why sellers use the market price in a perfectly competitive market.
What will be an ideal response?