From 1968 till 1980, budget deficit was on average around ________ percent of natural GDP; and from 1981 till 1995, it was ________ percent of natural GDP
A) 19.8; 21.5
B) 21.5; 19.8
C) 1.5; 3.5
D) 3.5; 1.5
C
Economics
You might also like to view...
Refer to Figure 23-1. At point J in the figure above, which of the following is true?
A) The economy has achieved macroeconomic equilibrium. B) Actual inventories are less than planned inventories. C) GDP will be decreasing. D) Aggregate expenditure is less than GDP.
Economics
Which policy tool allows the Federal Reserve the greatest control over monetary policy?
A) the reserve requirement B) open market operations C) lender of last resort D) the discount rate
Economics