Suppose the government of Spartania increased its spending by $900 million to fight a recession. If the government's budget was balanced before the recession, which of the following will be most likely to happen by the end of the year? (Assume there are no changes in the tax rate.) If Choose one: A. The government will have a budget deficit of more than S900 million. B. The government will have a balanced budget. C. The government will have a budget deficit of less than $900 million. D. The government will have a budget deficit of exactly S900 million
Answers (1)
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “Suppose the government of Spartania increased its spending by $900 million to fight a recession. If the government's budget was balanced ...” in 📘 Business if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers
You Might be Interested in
In your will, you bequeath $6,000,000 into an account that earns 15% annually. The account will fund an annual award in perpetuity that will be given to a world leader who has excellent intentions to promote peace.
Answers (1)
Why is competition ineffective as a conflict resolution strategy?
Answers (1)
What type of residential survey, also called a drive-by survey, is designed to show the location of the house and other large structures on the property?
Answers (1)
Remington Motors releases a new line of hybrid electric vehicles called Electra. The line promises superior mileage and excellent horsepower in an environmentally friendly automobile.
Answers (1)
This is the total number of product lines offered to customers. a. line variations b. product mix c. product choices d. product variation
Answers (1)
New Questions in Business
Providing training for unemployed individuals is primarily intended to reduce
Answers (1)
You are hired by the Council of Economic Advisors (CEA) as an economic consultant. The chairperson of the CEA tells you that she believes the current unemployment rate is too high. The unemployment rate can be reduced if aggregate output increases.
Answers (1)
An analytical procedure example is the comparison of: Multiple Choice a. Financial ratios of the current year to previous years. b. Recorded amounts of major disbursements with appropriate invoices. c.
Answers (1)
Mary sue owns 1,000 shares of qrs moving company. qrs pays a yearly dividend of $1.00 per share. what is the total annual dividend that mary sue will receive?
Answers (1)
To StaySafe around electricity, Ted needs to: A. Follow his gut instinct B. Follow procedures established by his co-workers C. Make sure electrical hazards are resolved immediately D. Practice electrical safety only when his employer is watching
Answers (1)