If the inflation rate falls, what will happen to the budget deficit?
a. It will rise, because government spending will rise.
b. It will rise, because interest payments will rise.
c. It will fall, because tax receipts will increase.
d. It will fall, because interest payments will fall.
d
You might also like to view...
Which of the following is an example of monitoring and enforcement costs?
A) Isabel knows that other neighbors' sleep patterns must also be affected by the howling dogs in her neighborhood and sets out to find those neighbors. B) Isabel is bound and determined to to find out which of her neighbors owns the howling dogs that are preventing her from getting a full night's slee
The above table shows Sue's total utility from golf and tennis. If the price of each hour of golf is twice the price of each hour of tennis, and Sue plays four hours of tennis, then Sue plays
A) one hour of golf. B) two hours of golf. C) three hours of golf. D) four hours of golf.
Given the scenario described, if the market price of hammers increased from $8 to $14, total producer surplus would:
Assume there are three hardware stores, each willing to sell one standard model hammer in a given time period. House Depot can offer their hammer for a minimum of $7. Lace Hardware can offer the hammer for a minimum of $10. Bob's Hardware store can offer the hammer at a minimum price of $13. A. increase from $8 to $14. B. increase from $1 to $12. C. decrease from $14 to $8. D. increase from $7 to $30.
The percentage of a change in income that is spent domestically is:
a. the sum of the MPC and the MPI. b. the sum of the MPC and the MPS. c. the difference between the MPC and the MPI. d. the product of the MPC and the MPI. e. the sum of the MPS and the MPI.