In the figure above, the SLF curve is the supply of loanable funds curve and the PSLF curve is the private supply of loanable funds curve. If there is no Ricardo-Barro effect, the figure shows a situation in which the government has a budget
A) deficit of $0.2 trillion.
B) deficit of $1.6 trillion.
C) surplus of $1.4 trillion.
D) surplus of $0.2 trillion.
E) surplus of $1.8 trillion.
D
Economics
You might also like to view...
Suppliers will be willing to supply a product in all of the following situations except when
A) the price received is greater than the additional cost of producing the product. B) the price received is at least equal to the additional cost of producing the product. C) the price received is less than the additional cost of producing the product. D) the price received is equal to the additional cost of producing the product.
Economics
The amount of labor a firm employs depends on
A) the market wage. B) the market price for the good produced. C) Both A and B. D) None of the above.
Economics