If we look at the federal government budget over the past 40 years we see that
A) most years the government budget has been balanced.
B) the government has been running a budget deficit since 1997.
C) only occasionally has the budget been in deficit.
D) most years the budget balance has not been calculated.
E) most years the budget has been in deficit.
E
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According to UIP, when domestic and foreign interest rates are equal, the exchange rare of the home currency is expected to
a) fall b) remain contact c) rise d) not enough information is provided
Incentive-based regulatory approaches:
a. are viewed favorably by most economists as a way to control pollution. b. provide less flexibility than the command-and-control approach. c. tend to hurt wealthier people more than poor people. d. require that the government specify certain types of pollution control technology that firms must adopt.