Multiple Choice
Government outlays
A) are the same as "G" in the short-run macro model.
B) do not include transfer payments.
C) are always smaller than government purchases.
D) are always greater than government purchases.
E) tend to decline in the long run.
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q70: Which of the following correctly represents the
Q71: Debt held by the public and total
Q72: The federal government<br>A) runs a deficit when
Q73: If the MPC is 0.75,what is the
Q74: Transfer payments provide benefits to<br>A) all those
Q76: In an expansion,<br>A) federal budget deficits tend
Q77: At the end of 2009,the national debt
Q78: The national debt<br>A) exists because of past
Q79: The sharp rise in the debt-to-GDP ratio
Q80: Countercyclical fiscal policy has a serious problem