In 2010 and 2011, many observers were worried that the
A. budget would not be balanced and fiscal stimulus would be withdrawn too soon.
B. budget would not be balanced and monetary stimulus would be withdrawn too soon.
C. budget would be balanced and fiscal stimulus would be withdrawn too soon.
D. budget would be balanced and monetary stimulus would be withdrawn too soon.
Answer: C
You might also like to view...
Suppose that firms in the perfectly competitive potato-growing industry are earning economic profits. According to economic theory, what is likely to happen?
a. The costs of the firms will increase, eventually eliminating the profit. b. The existence of profits will lead to a drop in the demand for potatoes. c. More firms will enter the market, thereby increasing the industry supply and lowering the market price. d. More firms will enter the market, thereby decreasing the industry supply and raising the market price.
For how long does a patent give a firm the exclusive legal right to a product?
A) 10 years B) 17 years C) 20 years D) 50 years