Higher productivity growth will affect the deficit by:
A) increasing budget outlays, hence increasing the deficit, ceteris paribus.
B) increasing the tax base, hence decreasing the deficit, ceteris paribus.
C) increasing output less than the increase in social programs, thereby decreasing the debt.
D) both a and b, but not c
Correct Answer:
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Q32: Which of the following in not true
Q33: Can deficits can have a positive effect
Q34: That portion of the national debt held
Q35: Which of the following is not an
Q36: The fiscal imbalance measures:
A) the present value
Q38: Investment funds are provided by:
A) private and
Q39: Which if the following is not one
Q40: During a recession:
A) automatic increases in tax
Q41: In general, economists are more concerned about:
A)
Q42: Suppose the economy is currently at full
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