A budget deficit is often accompanied by a(n) __________ deficit.
a. trade
b. education
c. corporate
d. international
a. trade
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On an average, growth in per capita income is associated with a:
A) fall in inequality. B) fall in poverty. C) rise in poverty. D) rise in inequality.
The natural employment deficit ________ be used to determine the effectiveness of discretionary fiscal policy actions because ________
A) cannot; it excludes non-discretionary spending changes B) can; it includes non-discretionary spending changes C) cannot; it includes non-discretionary spending changes D) can; it excludes automatic stabilization expenditures
Consumers in used car markets can very easily differentiate between high-quality and low-quality cars
a. True b. False Indicate whether the statement is true or false
A financial intermediary accepts deposits from savers and makes loans to borrowers
a. True b. False Indicate whether the statement is true or false