Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

If the federal government is running a surplus, O taxes must fall the current account must be negative the surplus becomes a source of funds

image text in transcribedimage text in transcribedimage text in transcribedimage text in transcribed
image text in transcribedimage text in transcribedimage text in transcribedimage text in transcribed
If the federal government is running a surplus, O taxes must fall the current account must be negative the surplus becomes a source of funds for the economy private savings will decreaseWhich of the following about government deficits is true? O it is controlled by the Federal Reserve it is controlled by the Comptroller of Currency it is a stock variable to it is a flow variablePundits have stated that the recent tax cut mainly benefits companies. The benefit to companies can also spillover to consumers in several ways. Which of the following actions as a result of the tax cut will benefit consumers? O tax cut results in more investment expenditures by firms tax cuts raise stock market values tax cuts result in an increase in the capital stock itall of the aboveWhat types of shocks are thought to cause most of the fluctuations that are called business cycles (e.g., fluctuations in GDP)? OLRAS SRAS Government Deficit AD

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Global Business Today

Authors: Charles Hill

9th Edition

1259299201, 9781259299209

More Books

Students also viewed these Economics questions

Question

Why are catalysts so important to our economy?

Answered: 1 week ago

Question

Technology

Answered: 1 week ago

Question

Population

Answered: 1 week ago

Question

The feeling of boredom.

Answered: 1 week ago