Multiple Choice
Which of the following is true?
A) The federal budget deficit is a flow and so is the national debt.
B) The national debt is both a stock and a flow.
C) The federal budget deficit is a stock and the national debt is a flow.
D) The federal budget deficit is a flow and the national debt is a stock.
E) The federal budget deficit is a stock and so is the national debt.
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
Q7: Nominal federal spending is a<br>A) good indicator
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