In the attempt to use deficits to fight the Great Recession, what was the size of the federal government's "stimulus" plan of 2009?

A) $7.87 billion
B) $78.7 billion
C) $787 billion
D) $7.87 trillion


C

Economics

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What is the underground economy? How does it affect GDP calculations? Provide three examples of underground economy transactions

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Assume both the demand for beef and the supply of beef decrease. Which of the following outcomes is certain to occur?

A. The equilibrium quantity of beef will rise. B. The equilibrium quantity of beef will fall. C. The equilibrium price of beef will fall. D. The equilibrium price of beef will rise.

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The ________ surplus will rise if the price of the good ________.

A. producer; falls B. consumer; rises C. total; rises D. consumer; falls

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