A mathematical formula for the deficit would be
a. C + I + G ? Transfers + Taxes
b. C + I + G + Transfers ? Taxes
c. I + G + Transfers ? Taxes
d. G + Transfers ? Taxes
d
Economics
You might also like to view...
________ unemployment is NOT associated with economic fluctuations
A) Frictional B) Cyclical C) Structural D) both A and C
Economics
As economic growth rises, literacy rates tend to fall
a. True b. False Indicate whether the statement is true or false
Economics
When supply is fixed, price is supply determined.
Answer the following statement true (T) or false (F)
Economics
When demand falls and supply stays the same,
A. equilibrium quantity rises. B. equilibrium quantity falls. C. equilibrium quantity stays the same.
Economics