The national debt passed the $2 trillion mark in
A) 1980.
B) 1982.
C) 1984.
D) 1986.
E) 1988.
Correct Answer:
Verified
Q10: If full employment GDP is $1 trillion
Q11: Budget deficits are appropriate during
A)recessions,but not inflations.
B)inflations,but
Q12: Over the last four decades we have
Q13: We have an inflationary gap when
A)equilibrium GDP
Q14: If full employment GDP is $500 billion
Q16: Which statement is true about fiscal policy?
A)There
Q17: If equilibrium GDP is $500 billion greater
Q18: If we passed a constitutional amendment requiring
Q19: There is a recessionary gap when
A)equilibrium GDP
Q20: Fiscal policy deals with each of the
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