A decrease the nominal deficit can be caused by an increase in:
A. the debt.
B. government expenditures.
C. interest rates.
D. taxes.
Answer: D
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An improvement in technology will shift the production possibilities curve
A) to the left. B) along the curve. C) inward. D) to the right.
Assume there is a relationship between two variables and the other-variables-held constant assumption (ceteris paribus) is relaxed. We would expect that the line representing this relationship would: a. change from inverse to direct
b. change from direct to inverse. c. have a greater number of data points. d. change its location.
Annual expenditures by the federal government exhibited an upward trend, rising from $3 billion in 1930 to more than $1 trillion in 2010
a. True b. False Indicate whether the statement is true or false
A takeover implies that
a. the common shareholders buy out the bondholders b. the government takes over the corporation c. someone or a group is able to purchase all of the outstanding common stock in a corporation d. the board of directors takes control of the corporation e. a proprietorship sells out to a partnership