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Question
In the figure above, if there is no Ricardo-Barro effect, the government has a budget ________ because the ________.A) surplus of 0.2 trillion; SLF curve lies to the right of the PSLF curve.
B) surplus of 0.4 trillion; SLF curve shows a larger quantity of LF than the PSLF curve.
C) deficit of 0.2 trillion; SLF curve lies to the right of the PSLF curve.
D) deficit of 0.4 trillion; SLF curve shows a smaller quantity of LF than the PSLF curve.
E) surplus of -0.2 trillion; SLF curve lies to the right of the PSLF curve.
Answer
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Related questions
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