The cumulative total of the federal government's budget deficits has been greater than the total of its surpluses

a. True
b. False

A

Economics

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A nation's growth rate will most likely ________ as it converges to a new, higher balanced growth path

A) speed up B) slow down C) maintain its current pace D) become negative

Economics

If MPS is equal to 0.15 and MPI is equal to 0.10, an initial change of $19,000 in government expenditure would result in a total change of _____ in income

a. $19,000 b. $16,150 c. $20,000 d. $76,000 e. $126,667

Economics