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
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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
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%
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?
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)