Which of the following is true?
a. A budget deficit will reduce the national debt.
b. A budget deficit will increase the national debt.
c. A balanced budget will increase the national debt.
d. A budget surplus will increase the national debt.
B
Economics
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A) lower demand for housing B) tighter financing constraints C) an increase in residential investment D) a lower relative price of housing
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Learning curves mean
a. you learn from experience b. current production decreases future unit costs c. production today leads to lower costs in the future d. All of the above
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