Persistent government budget deficit result in ________ taxes and a ________ stock of capital in the future
A) higher, larger
B) lower, larger
C) higher, smaller
D) lower, smaller
C
Economics
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The U.S. system of resource ownership
a. is pure capitalism b. excludes any state ownership of resources c. includes government restrictions on the use of privately owned resources d. is designed to eliminate the problem of scarce resources e. excludes any communal ownership
Economics
Index funds are usually outperformed by mutual funds that are actively managed by professional money managers
a. True b. False Indicate whether the statement is true or false
Economics