Suppose the economy is currently at full employment. It is likely that:
A) a sustained deficit will lead to an increase in the rate of inflation.
B) a sustained deficit will have no affect on the rate of inflation.
C) a sustained deficit will lead to a increase in GDP.
D) a sustained deficit will lead to an decrease in the rate of inflation.
Correct Answer:
Verified
Q37: Higher productivity growth will affect the deficit
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)
Q43: Which of the following is the most
Q44: Which of the following statements is correct?
A)
Q45: Suppose the government finances a budget deficit
Q46: Which of the following statements is False?
A)
Q47: Financing a deficit by increasing government spending
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents