By 2012, the dollar value of the debt:
A) past 100 percent of GDP.
B) the lowest in the U.S. history.
C) was reduced to $500 billion.
D) back down to 40 percent of GDP.
Correct Answer:
Verified
Q12: Consumption depends on:
A) total income.
B) disposable income.
C)
Q14: Which model is used to evaluate the
Q15: If the government were to decrease its
Q16: By 2016, the dollar value of the
Q17: If the government wished to shift aggregate
Q18: The model of aggregate demand and aggregate
Q20: Which of the following is not true
Q21: If the government decreases the income tax
Q22: Government decreasing taxes is an example of:
A)
Q24: Disposable income is not:
A) total income minus
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