It is difficult to balance the budget every year because:
A. political battles often cause blatant deficit spending that could be avoided.
B. while economic downturns are easy to predict, booms are not.
C. it is hard to get agreement on how to spend discretionary funds.
D. it is unlikely that revenues will exactly equal planned expenditures in any given year.
D. it is unlikely that revenues will exactly equal planned expenditures in any given year.
Economics
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A level at which the marginal production goes up with new investment:
a. increasing marginal returns b. total cost c. marginal revenue d. marginal product of labor e. marginal cost
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A reduction in the rate of inflation is referred to as
A) disinflation. B) deflation. C) recession. D) unemployment.
Economics