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Question
In the figure above, the SLF curve is the supply of loanable funds curve and the PSLF curve is the private supply of loanable funds curve. If there is no Ricardo-Barro effect, the figure shows a situation in which the government has a budgetA) surplus of $0.2 trillion.
B) deficit of $0.2 trillion.
C) surplus of $1.4 trillion.
D) deficit of $1.6 trillion.
E) surplus of $1.8 trillion.
Answer
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Related questions
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Scarcity results from the fact that
A) people's wants exceed the resources available to satisfy them.
B) not all goals are desirable.
C) we cannot answer the major economic questions.
D) choices made in self-interest are not always in the social interest.
E) the population keeps growing.
Q:
Why does scarcity lead to the what, how, and for whom questions?
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B) the social interest.
C) self-interest.
D) incentives.
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A) What type of health care will be produced and in what quantity?
B) How will health care be produced?
C) For whom will health care be produced?
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E) Must we offer health care?
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When unskilled teens earn less than college graduates, society answers the ________ question.
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When the federal government decides to pay senators more than it pays soldiers, it answers the ________ question.
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Q:
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Q:
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