Multiple Choice
Nominal federal spending is a
A) good indicator of how responsibility the federal government is
B) good indicator of the overall economy's performance
C) measure of the public's concern for the educational needs of the country
D) warning sign that our governmental officials are sometimes out of control
E) misleading measure of government's effect,unless it is seen in the context of the country's income
Correct Answer:

Verified
Correct Answer:
Verified
Q2: The government can safely take on more
Q3: Ricardian equivalence refers to<br>A) the equivalence of
Q4: Under alternative scenarios,the national debt as a
Q5: What does it mean for the government
Q6: Which of the following is most sensitive
Q8: To be effective,countercyclical fiscal policy must be
Q9: Infrastructure projects result in the most value
Q10: Trying to project total federal revenues and
Q11: In the short run,the impact of a
Q12: In mid-2009,publicly held debt was approaching _