Which of the following is NOT one of the economic problems that the "New Economy" is alleged to have solved?

A) deflation
B) slow growth in productivity
C) the budget deficit
D) business cycle

A

Economics

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It is not optimal to have equal incomes

a. True b. False Indicate whether the statement is true or false

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A budget surplus is defined as the amount that the

A. government owes to lenders at any moment in time. B. government spends in any time period. C. government’s expenditures exceed receipts in any time period. D. government’s receipts exceed expenditures in any time period.

Economics