For which of the following time periods did the United States have a budget surplus?
A. 1990–1993
B. 1998–2001
C. 2003–2006
D. The United States did not have a surplus in any of these time periods.
Answer: B
Economics
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During 2001-2012, the federal budget deficit
a. expanded and real government spending increased rapidly, indicating that fiscal policy was restrictive. b. expanded and real government spending increased rapidly, indicating that fiscal policy was expansionary. c. declined and real government spending fell, indicating that fiscal policy was restrictive. d. declined and real government spending fell, indicating that fiscal policy was expansionary.
Economics
Most MNEs generate a large portion of their revenues in their home regions.
a. true b. false
Economics