In fiscal year 1997,the U.S.government ran a deficit of about $21.9 billion.In fiscal year 1998,the government ran a surplus of about $69.3 billion.Other things the same,we would expect this change
A) decreased interest rates and investment.
B) decreased interest rates and increased investment.
C) increased interest rates and investment.
D) increased interest rates and decreased investment.
Correct Answer:
Verified
Q7: Government deficits mean that
A)national saving is negative
Q8: Suppose the budget deficit is rising 3
Q9: Suppose that a country has an inflation
Q10: If the budget deficit were reduced,
A)interest rates
Q13: Suppose that the country of Aquilonia has
Q14: The national debt
A)exists because of past government
Q15: The effect of budget deficits on interest
Q16: Which of the following is not correct?
A)A
Q17: Which of the programs below would not
Q135: Which of the following would transfer wealth
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