An effective expansionary fiscal policy will:
A. reduce a cyclical deficit but necessarily increase the actual deficit.
B. reduce the cyclically adjusted deficit.
C. increase the cyclically adjusted deficit but reduce the actual deficit.
D. always result in a balanced actual budget once full employment is achieved.
C. increase the cyclically adjusted deficit but reduce the actual deficit.
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Under which one of the following conditions would a lawyer accept a case on a contingent basis?
A) The lawyer is risk averse. B) The client is risk loving. C) The lawyer has several cases on a contingent basis with payoffs that are not perfectly positively correlated. D) The lawyer is more risk averse than the client is.
Which of the following statements best describes the Internet market structure?
A. It is highly competitive, with many providers and no firms in a dominant position. B. There are a few large firms, such as Google, Facebook, and Amazon, but they each occupy their own niche and don't infringe on the others' territories. C. There are a few large firms, such as Google, Facebook, and Amazon, each dominating a particular sector but always trying to gain market share in another sector. D. It is comprised of firms that have been granted monopolies by the government and are highly regulated.