When tax revenues ________ outlays is positive, then the government has a budget ________
A) plus; deficit
B) minus; deficit
C) minus; surplus
D) plus; surplus
E) divided by; surplus
C
Economics
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One financial intermediary in our financial structure that helps to reduce the moral hazard from arising from the principal-agent problem is the
A) venture capital firm. B) money market mutual fund. C) pawn broker. D) savings and loan association.
Economics
The major cause of a 3-4% increase in unemployment over a short time period is likely to be a structural unemployment change
Indicate whether the statement is true or false
Economics