The return to government deficit after 2001 was due to
A) drop in the government revenues.
B) both revenue drop and expenditure rise.
C) rise in the government expenditure.
D) After 2001, U.S. government did not experience budget deficit.
A
You might also like to view...
If the farmer is producing 5000 bushels of soybeans at point "b" in the above figure, we know that
A) the farmer is not using his resources efficiently. B) the farmer is using his land to produce a crop other than soybeans or corn. C) the farmer must be using more land than was used in constructing the production possibilities curve. D) the farmer is using his resources efficiently.
If AVC=$5 and AFC=15, then ATC=
a. $10 b. $5 c. $15 d. $20
Why did the monetary base increase rapidly during the economic crisis of 2008?
a. The Fed sold financial assets and extended fewer loans. b. The Fed increased both its purchase of assets and quantity of loans extended. c. The Fed increased its purchases of assets, but offset this with an increase in the reserve requirement. d. The Fed sold financial assets, but offset this with a reduction in the reserve requirement.
The grade distribution in this class will fit a bell curve as shown below. You have no knowledge of what your ability level is relative to the other students and you have no idea how hard the test will be for you. You could fall anywhere on the distribution as far as you know at this time. Now your professor makes you an offer. You have the opportunity to alter the grading brackets to make them anything you want. The only constraint is that the overall class GPA must not change from the 2.0 that is the present distribution. Sketch on the graph below your optimal distribution given these constraints and explain why you made any changes.
src="https://sciemce.com/media/4/ppg__rrrr0821190959__f1q42g2.jpg" alt="" style="vertical-align: 0.0px;" height="253" width="427" /> What will be an ideal response?