A government surplus is
A) when it spends more than its income.
B) when it owes more than what it is owed.
C) when its income is higher than its spending.
D) when it is owed more than what it owes.
C
Economics
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A short-lived increase in oil prices caused by destruction of oil-producing and oil-refining facilities by a large hurricane will
A) shift the SRAS curve to the right. B) shift the AD curve to the right. C) shift the SRAS curve to the left. D) shift the LRAS curve to the right.
Economics
A bank with some monopoly power may be able to __________ the rate on its deposits and so __________ its net interest income
A) lower, lower B) lower, raise C) raise, lower D) raise, raise
Economics