The addition of the capital budget deficit and the current budget deficit results in the:
(a) General government deficit.
(b) Exchequer capital expenditure.
(c) Exchequer borrowing requirement.
(d) None of the above.
Answer: (c) Exchequer borrowing requirement.
You might also like to view...
To compute the present value of a future value, you must know the _________ and the _________.
A. interest rate; compounding interest B. interest rate; time period C. compounding interest; time period D. None of these statements is true.
Which of the following could be an example of a question that would be studied in microeconomics?
A. How did the recession end in 2009 if unemployment continued to rise? B. How will the legalization of marijuana in Colorado affect the market for cigarettes? C. When should Congress raise taxes in order to tackle the debt crisis? D. Why did our economic growth rate slow down during the 2000s?
Using Figure 1 above, if the aggregate demand curve shifts from AD2 to AD3 the result in the long run would be:
A. P2 and Y2. B. P1 and Y2. C. P4 and Y2. D. P1 and Y1.
A mild winter in the United States is likely to
A. increase the supply for heating oil. B. decrease the supply for heating oil. C. increase the demand for heating oil. D. decrease the demand for heating oil.