The return to government deficit after 2001 was due to
A) drop in the government revenues.
B) both revenue drop and expenditure rise.
C) rise in the government expenditure.
D) After 2001, U.S. government did not experience budget deficit.
A
Economics
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When exchange rates are ________, we say that the country's exchange rate is fixed
A) determined in the market B) relatively stable C) set by a country's central bank D) determined by supply and demand
Economics
In the above figure, along the section of the demand curve between point a and point b, demand is
A) elastic. B) inelastic. C) unit elastic. D) unit inelastic.
Economics