The government's budget is:
A) government purchases plus transfer payments equal taxes plus revenue from money creation.
B) government purchases plus transfers less taxes equal revenue from money creation.
C) the negative of government equals transfers less taxes, if revenue from money creation is zero.
D) all of the above.
Correct Answer:
Verified
Q11: The government budget constraint without borrowing is:
A)Gt
Q12: Among the government's uses of funds are;
A)transfer
Q13: The fastest growing part of the Eurozone
Q14: Governments purchases include:
A)defense spending.
B)education spending.
C)social security retirement
Q15: The government's budget constraint is:
A)Gt + Vt
Q17: A permanent increase in government purchases increases
Q18: The government budget constraint is:
A)government purchases less
Q19: Since the Great Recession in 2008-09 government
Q20: Government can use its funds to purchase
Q21: Among the government's uses of funds are;
A)government
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