From 2004 to 2008, the federal budget deficit, on an official fiscal-year basis, was
A. large and growing larger.
B. “negative,” that is, the budget was in surplus.
C. declining.
D. increased by the rising Social Security deficit.
Answer: C
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What will be an ideal response?
If the demand for baseballs increases, then as a result, it is highly likely that the demand for:
A. leather will increase. B. bats will decrease. C. soccer balls will rise. D. tennis balls will increase.
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a. True b. False Indicate whether the statement is true or false
For a firm in a perfectly competitive market, if it is producing at a level of output where marginal costs are equal to marginal revenue it:
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