Refer to Table 15.3. Based on the data in the table, fiscal policy in Cordelia is ________ and fiscal policy in Saldinia is ________

A) sustainable; sustainable
B) sustainable; unsustainable
C) unsustainable; sustainable
D) unsustainable; unsustainable


B

Economics

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A repeated cross-sectional data set

A) is also referred to as panel data. B) is a collection of cross-sectional data sets, where each cross-sectional data set corresponds to a different time period. C) samples identical entities at least twice. D) is typically used for estimating the following regression model Yit = ?0 + ?1Xit + ?2W1,it + ... + ?1+ rWr,it + uit

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The real rate of interest is 4% and the anticipated rate of inflation is 2%. What is the nominal rate of interest?

A. 6% B. 1% C. 2% D. 4%

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In the dynamic aggregate demand and aggregate supply model, what is the result of aggregate demand increasing faster than potential real GDP?

What will be an ideal response?

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For most countries, the Gini coefficient of market income is lower than the Gini coefficient of disposable income.

Answer the following statement true (T) or false (F)

Economics