When tax revenue ________ outlays is negative, then the government has a budget ________
A) minus; surplus
B) divided by; surplus
C) minus; deficit
D) plus; deficit
E) plus; surplus
A
Economics
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Since 1950, recessions in the United States
A) have become less severe than before 1950. B) have become more severe than before 1950. C) are about as severe as they were before 1950. D) have not occurred.
Economics
Refer to the cost table below. The firm will produce its output only if the price is at least equal to what minimum level?
The table shows cost data for a firm that is selling in a purely competitive market.
A. $3
B. $4
C. $6
D. $9
Economics