When tax revenues ________ outlays is positive, then the government has a budget ________
A) plus; deficit
B) minus; deficit
C) minus; surplus
D) plus; surplus
E) divided by; surplus
C
Economics
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Refer to Table 23-4. Given the consumption schedule in the table above, the marginal propensity to consume is
A) 0.5. B) 0.6. C) 0.75. D) 0.8.
Economics
When the Fed buys government securities, ________ and the money supply ________
A) e rises, falls B) e falls, rises C) c rises, falls D) c falls, rises E) H rises, rises
Economics
During which year was the top 1 percent households' share of wealth higher than the top 90-99 percent share in the United States?
A. 1989 B. 1995 C. 1992 D. 1998
Economics
Compared to the United Kingdom, the national debt as a percentage of GDP in the United States is:
a. slightly larger. b. substantially smaller. c. substantially larger. d. the same.
Economics