Ans) the correct option is d) The government budget deficit
Flow Variable is a variable that is measured over a specific period of time.
Which of the following is an example of a flow variable? A. Housing B. Capital O...
All of the following are flow variables except: (a) consumer's monthly savings (b) the quarterly government budget deficit (c) the annual investment (d) the amount of capital in the economy
% Exercise 1.3 Relate the following fow variables to corresponding stock variable: Stock variables Flow variable variable Investment 1. (Owner's) Equity 2. Debt 3 Inventory 4 Wealth Capital stock Deficit spending Quantity supplied produced)
Which of the following is an example of a flow? O A nation's capital stock. The total value of a country's obligations to the rest of the world. A nation's gross national product. All of the above. O
Which of the following is not a flow variable? Select one: O a. investment O b. output O c. all of the above O d. saving O e. the money supply
Are federal budget deficits related to trade deficits? A. Yes, but only if the quality of U.S. goods and services is deteriorating B. No. The budget deficit is entirely a domestic matter, while the trade deficit only affects U.S. citizens who travel abroad. C. Yes. Higher deficit spending goes up results in more government borrowing, and foreign residents who lend funds to the U.S. government have fewer resources to spend U.S. export goods. D. Yes. If U.S. consumers buy too...
QUESTION 1 Which of the following is an example of an automatic fiscal policy stabilizer? a. Tax revenues fall as real GDP decreases. b. Congress decides to cut spending on national defense. c. Congress cuts individual income tax rates. d. Tax revenues rise after Congress raises corporate tax rates. QUESTION 7 When a country's economy is producing at a level that is less than its potential GDP, the standardized employment deficit will show a ________ than the actual deficit. a....
Which of the following events was an important cause of the 2007-2009 recession? O A a federal budget crisis O B. a financial crisis in Europe OC. the collapse of a housing bubble OD. monetary policy that was contractionary
23. Which of the following statements is an example of a positive economics? A. specialization according to comparative advantage makes everyone better off B. public policy should aim to maximize consumers' well-being C. we should apply cost- benefit analysis to issues of loyalty, marital fidelity, acquisition of knowledge, and so on, and never be bound by moral principles and high ideals D. if the price of service declines, then the quantity demanded will tend to rise, all else equal E....
Which of the following is a depository institution? O A. Manulife Securities O B. Capital One Bank O c. Bank of Nova Scotia OD. RBC Insurance
6. please (d) are the focus of macroeconomics. 5. Which of the following is an example of a positive statement? a. The federal government should be required to have a balanced budget. b. Local governments ought to impose rent controls to allow people to afford housing. c. Studies indicate that the imposition of a minimum wage increases unemployment. d. The government should impose taxes on imported goods to protect the jobs of American workers. 6. Which of the following is...