For which of the following time periods did the U.S. have a budget surplus?
a. 1990-1993
b. 1998-2001
c. 2003-2006
d. The U.S. did not have a surplus in any of these time periods.
b
Economics
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Which of the following can prevent markets from reaching efficiency? I. decreasing marginal benefit II. taxes III. quantity regulations that limit the quantity that may be produced
A) I and II B) I and III C) II and III D) I, II and III
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Suppose that money supply growth continues to be higher in Turkey than it is in the United States. What does purchasing-power parity imply will happen to the real and to the nominal exchange rate?
Economics