Suppose we have an economy in which G = 1100,t = 0.26,Y = 3800,and YN = 4000.At Y the cyclical deficit is
A) 60.
B) 112.
C) -172.
D) -52.
E) 52.
Correct Answer:
Verified
Q50: If S = 250,T = 170,NX =
Q51: An increase in tax revenues _ government
Q52: A government budget deficit is financed by
Q53: An increase in the average tax rate
Q54: In a closed economy,a decrease in government
Q56: If S = 200,T = 700,G =
Q57: If S = 300,T = 800,G =
Q58: A recession normally causes _ in government
Q59: In the diagram of the budget line
Q60: With a vertical LM curve,an increase in
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