Since 1940, the U.S. government has experienced
A) twice as many annual budget surpluses as annual budget deficits.
B) only one year with a budget surplus.
C) about the same number of years with budget deficits as with budget surpluses.
D) many more budget deficits than budget surpluses.
D
Economics
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The IS curve shifts to the left when
A) taxes increase. B) government spending increases. C) the money supply increases. D) autonomous planned investment spending increases.
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________ is a situation in which a firm or a player in game theory chooses the best strategy given the strategies chosen by others
a. Nash equilibrium b. Dominant-strategy equilibrium c. Prisoner's dilemma d. Tit-for-tat
Economics