Change from a budget surplus to a budget deficit

Assignment Help Business Economics
Reference no: EM131037684

The Federal Government had a budget surplus in 2001 but a budget deficit in 2002. This was due to the recession, the tax cut, and the increased military spending. The change from a budget surplus to a budget deficit was due to Midterm 4.0.pages

(a) neither cyclical nor structural factors.

(b) cyclical factors but not structural ones.

(c) structural factors but not cyclical ones.

(d) both cyclical and structural factors.

Reference no: EM131037684

Questions Cloud

Design the cmos cascode amplifier : D 8.67 Design the CMOS cascode amplifier in Fig. 8.33 for the following specifications: gm1 = 1 mA/V and Av = -280 V/V. Assume that for the available fabrication process, /V1A / = 5 V/μm for both NMOS and PMOS devices and that μnCox =4 μpCox =400 ..
How did this affect popular youth culture : How did the media portray the Vietnam War during the 1970's? How did this affect popular youth culture?
Write an original executive summary of a book : Write an Original Executive Summary of a book YOU HAVE NOT READ BEFORE, it must be over 125 pages long, chosen from books that cover any of the management topics.
The output resistance of the amplifier : 8.66 The cascode amplifier of Fig. 8.33 is operated at a current of 0.2 mA with all devices operating at /VOV / =0.20 V.
Change from a budget surplus to a budget deficit : The Federal Government had a budget surplus in 2001 but a budget deficit in 2002. This was due to the recession, the tax cut, and the increased military spending. The change from a budget surplus to a budget deficit was due to Midterm 4.0.pages
Define vertical integration and horizontal integration : B203A -- explain the supply chain for Zara from raw material to consumer purchase and What are the disadvantages of Zara's "fast fashion" distribution system
Which approach do you prefer and why : 1. Critically evaluate the different approaches to the idea of engagement, namely ‘work engagement' and ‘employee engagement' (Purcell 2014). Which approach do you prefer and why?
How providing need goods or services will improve community : Describe how providing needed goods or services will improve the community and its standard of living. How purchase of supplies and other materials can help local businesses.
Calculate the overall voltage gain : In each of the six circuits in Fig. P8.101, let β =100, and neglect ro. Calculate the overall voltage gain.

Reviews

Write a Review

Business Economics Questions & Answers

  Manage the economy usually make things better or worse

Do you believe government efforts to manage the economy usually make things better or worse? Provide research support for your positions. Respond to at least two of your fellow students’ postings.

  Money supply not increase by the maximum possible amount

If the required reserve ratio is 10% and $1,000 of new bank reserves are created by the Federal Reserve, what is the maximum potential increase in the quantity of money in the economic system (not just the money created by the banking system but the ..

  The greater will be the effectiveness of fiscal policy

The greater the elasticity of the LM curve, the greater will be the effectiveness of fiscal policy. The more interest elastic the investment demand function, the more effective monetary policy will be. The more interest elastic the investment demand ..

  Maintenance costs on a certain piece of equipment

Maintenance costs on a certain piece of equipment are estimated to be $500, $600, $700, $800, and $900 at the ends of years 1, 2, 3, 4, and 5, respectively. The time value of money rate is 8 percent compounded annually.

  What is the equilibrium wage and the employment level

In a particular industry, labor supply is Es = 10 + w and labor demand is Ed = 40 – 4w, where E is the level of employment and w is the hourly wage. What is the equilibrium wage and the employment level if the labor market is competitive? What is the..

  What would be its equilibrium profit

A monopolistic firm faces the following demand curve. Q = 7800 -12 P This monopoly's cost function has been estimated as follows: TC = 460,000 + 50 Q. What price should this monopoly charge to maximize its profit? What would be its equilibrium profit..

  What is impact of deflation on economy and monetary policy

Is Deflation Good for Workers? Why or why not? Why do you think deflation can be bad for the economy? What is the impact of deflation on the economy and monetary policy?

  Which state will have higher increases in income in long run

The median household income in Louisiana is approximately $52,000 per year, while the median household income in Massachusetts is about $79,000. From the perspective of trying to maximize your income per capita, which state will have higher increases..

  Q1 illustrate which country has the most fundamentally

q1. illustrate which country has the most fundamentally sound monetary policy?q2. insurance agents receive a commission

  Department of agriculture carried out experiments

Many years ago, the U.S. Department of Agriculture carried out experiments to determine how a cow’s milk production during a particular period was related to how much she was fed. A cow must be fed a certain amount just to maintain herself;

  For which of the following stock price indexes will a firm

For which of the following stock price indexes will a firm with a high market value carry more weight?

  Compute the monthly payment

An individual is considering the purchase of a used automobile. The total price is $6200 with $1240 as a down payment and the balance paid in 48 equal monthly payments with interest at 1% per month. The payments are due at the end of each month. Comp..

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd