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