Multiple Choice
The deficit (as a fraction of GDP) is anticipated to rise over the next several decades due to projections of
A) increased defense spending.
B) increased spending on entitlements.
C) increased inflation.
D) decreased corporate tax revenues.
E) decreased income tax revenues.
Correct Answer:
Verified
Correct Answer:
Verified
Q1: If the government runs a primary deficit
Q2: Since the early 1980s,debt ratios for the
Q3: For this question,assume that Ricardian Equivalence proposition
Q4: The primary deficit is represented by which
Q6: What are the factors that will determine
Q7: Explain the economic costs of hyperinflation.
Q8: The difference between the official and correct
Q9: "Debt repudiation" occurs when<br>A)a government announces it
Q10: If the government thinks the natural unemployment
Q11: Explain the macroeconomic effects of a tax