If the U.S. government decides to eliminate a budget surplus by reducing taxes, the most likely effect would be

a. falling prices.
b. a reduction in the trade deficit.
c. an increase in unemployment.
d. upward pressure on prices.

d

Economics

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At the beginning of 1960 the CPI was 29.6. At the beginning of 2000 it was approximately 170.8. Which of the following most closely approximates the forty-year rate of inflation?

A. 141 percent B. 282 percent C. 350 percent D. 477 percent E. 550 percent

Economics

Entities that buy up patents then try to extract large payments from companies that use similar technologies are known as ________

A) Solow pirates B) tertiary leeches C) Great Googly Mooglies D) patent trolls

Economics