Which of the following best describes the federal budget during the 1990s?
A. The relative size of the deficit fell.
B. There was a steady downward trend in the relative size of the deficit.
C. The absolute size of the deficit fell.
D. The absolute size of the debt grew to over $5 trillion.
Answer: D
You might also like to view...
Even though household have wide-ranging preferences, discuss some of the things that all households have in common including their constraints
What will be an ideal response?
If the dollar price of the yen is 1.39, the reciprocal exchange rate is 1 yen = $0.39
a. True b. False Indicate whether the statement is true or false
A forecaster used the regression equationQt = a + bt + c1D1 + c2D2 + c3D3and quarterly sales data for 1996 I - 2013 IV (t = 1, ..., 64) for an appliance manufacturer to obtain the results shown below. Q is quarterly sales, and D1, D2 and D3 are dummy variables for quarters I, II, and III. 
At the 5 percent level of significance, is there a statistically significant trend in sales?
A. Yes, because 2.14 > 0.05. B. Yes, because 0.700 > 0.05. C. No, because 0.0362 > 0.01. D. Yes, because 0.0362 < 0.05. E. both c and d
The two-year interest rate is an average of the expected interest rate each of the two years.
Answer the following statement true (T) or false (F)