If the structural deficit is $800 billion and the cyclical deficit is $600 billion, the actual budget deficit is
A) $200 billion.
B) $800 billion.
C) $1,400 billion.
D) $600 billion.
E) None of the above answers is correct.
C
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Expansionary fiscal and monetary policy from 2008 to 2010, took the risk of being inflationary for the sake of avoiding additional unemployment
a. True b. False Indicate whether the statement is true or false
Which of the following increase when the Fed makes open market purchases?
a. currency and reserves b. currency but not reserves c. reserves but not currency d. neither currency nor reserves
.If inventory investment during a year was negative $6 billion, producers must have
What will be an ideal response?
Under perfect competition
A. no firm has any influence over price. B. firms are price takers, not price makers. C. many firms produce identical products. D. All of the choices are true under perfect competition.