When actual GDP is below potential GDP the budget deficit increases because of A an increase in transfer payments and an increase in tax revenues B an decrease in transfer payments and an increase in tax revenues OC an increase in transfer payments and a decrease in tax revenues OD a decrease in t...

The detailed answer for the above question is provided below ...

When actual GDP is below potential GDP the budget deficit increases because of: A. an increase...

Fantastic news! We've Found the answer you've been seeking!

Question:

Related Book For answer-question

Exploring Economics

ISBN: 9781439040249

5th Edition

Authors: Robert L Sexton

See More Books

Posted Date: Dec 12, 2022 03:20 AM

See More Questions

When the equilibrium real GDP is below potential GDP, how does the unemployment rate compare with the natural rate? What is the result of this state of affairs that restores the long-run equilibrium?
An interviewer finds when potential respondents ask how much time the survey will take most refuse if they are told 15 minutes. The interviewer now says 10 minutes and finds that most respondents...
An unprepared student must take a 7- question multiple-choice test that has 5 possible answers per question. If the student guesses on every question, what is the probability that (a) She will answer...
Explain why Soil Taxonomy is said to be a hierarchical classification system.
Why do multinational organizations hire host-country nationals to fill most of their foreign positions, rather than sending expatriates for most jobs?
The trial balance columns of the worksheet for Dixon Company at June 30, 2022, are as follows. Other data: 1. A physical count reveals $500 of inventory on hand.2. $100 of the unearned sales revenue...
On January 2, 2010, Shine Lights purchased showroom fixtures for $18,000 cash, expecting the fixtures to remain in service for five years. Shine Lights has depreci ated the fixtures on a...
Your grandfather would like to share some of his fortune with you. He offers to give you money under one of the following scenarios (you get to choose): 1. $8,750 a year at the end of each of the...
The Peeps factory can be described as a three step process consisting of Mixing, Forming, and Packaging. Peeps are made in batches of 1,000 and have a daily demand of 75,000 units during what the...
What are the two elements that an employee must show to make a successful Title VII claim? Do you think the motivating factor standard is appropriate for discrimination claims based on national...
Sherrod, Incorporated, reported pretax accounting income of $90 million for 2024. The following information relates to differences between pretax accounting income and taxable income: Income from...
A type of secondary structure found in proteins is a. an helix. b. a sheet. c. Both a and b are secondary structures in proteins. d. Neither a nor b is a secondary structure in proteins.
Which of the following characteristics is typical of a eukaryotic gene that can be transcribed? a. The core promoter is wrapped around a nucleosome. b. The core promoter is found in a nucleosome-free...
When an ncRNA functions as a decoy, it a. contains binding sites for many different proteins, thereby promoting the formation of a large complex. b. recognizes other ncRNAs and sequesters them,...
With regard to transcriptional termination in eukaryotes, which model(s) suggest(s) that RNA polymerase is physically removed from the DNA? a. Allosteric model c. Both models b. Torpedo model d....
Operons involved with the biosynthesis of molecules such as amino acids are most likely to be regulated in which of the following ways? a. The product of the biosynthetic pathway represses...
An adjustment to the required return on common stock equity to reflect underpricing and flotation costs is necessary to find the cost of new issues of common stock. O a. False O b. True
l ask this second time correnct answer is 38,01 can we look pls Consider a non-conducting rod of length 8.8 m having a uniform charge density 4.5 nC/m. Find the electric potential at P, a...
Discuss the incentive effects of each of these policies to reduce air pollution: a. A higher tax on gasoline. b. An annual tax on automobiles based on average emissions. c. An annual tax on total...
Calculate the magnitude of the money multiplier if banks were to hold 100 percent of deposits in reserve. Would banks be able to create money in such a case? Explain.
Multiple Choice Questions: 1. As the price level increases, other things being equal, a. Aggregate demand decreases. b. The quantity of real gross domestic product demanded increases. c. The quantity...
You were recently appointed to a committee formed by the state CPA society to investigate possible substandard reporting practices. The following report was submitted to the committee, and, as the...
Perry \& Price audited Bond's consolidated financial statements for the years ended December 31, 19X4 and 19X3. These financial statements are being presented on a comparative basis and an...
The auditor's standard report states that the financial statements are presented fairly a. With reasonable assurance. b. Without significant error. c. In all material respects. d. On a consistent...

When actual GDP is below potential GDP the budget deficit increases because of: A. an increase...

Question:

Expert Answer:

The detailed answer for the above question is provided below ... View the full answer

Exploring Economics

Students also viewed these economics questions