Between the years 1998 and 2001, the U.S. government experienced
A) budget surpluses.
B) balanced budgets.
C) budget deficits.
D) contractionary budget cycles.
A
You might also like to view...
A cost of aggregation is that:
A. broad economic trends are obscured B. details about individual households and firms are lost C. economy-wide totals cannot be obtained D. the "big picture" cannot be studied
Suppose that over the next few years the demand for dancing to country and western music decreases. Hence, at country and western dance clubs the equilibrium price of admission ________ and the equilibrium quantity of dancing ________
A) rises; increases B) rises; decreases C) falls; increases D) falls; decreases E) does not change; decreases
In order to use inflation targeting, a central bank must:
a. be independent of fiscal policy. b. be dependent on fiscal policy. c. focus on money supply. d. focus on unemployment. e. focus on stable exchange rates.
A call option described as at the money would find:
A. the option has been exercised. B. the market price of the stock is above the strike price. C. the market price of the stock is below the strike price. D. the market price of the stock equals the strike price.