Self-Quiz Unit 8 - Chapter 27.pdf - ECON 1580 Introduction...

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Self-Quiz Unit 8 - Chapter 27.pdf

Question 1   Correct Mark 1.00 out of 1.00 The government has a budget de ! cit if : Select one :
a. it s total revenues are equal to its total expenditures .
b. it s total revenues are less than its total expenditures .
c. it s total revenues are greater than its total expenditures .
d. the money supply is less than total expenditures .
Question 2   Correct Mark 1.00 out of 1.00 Suppose a country 's debt rises by 6 % and its GDP rises by 8 % . What happens to the debt - GDP ratio ? Select one :
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Question 3   Correct Mark 1.00 out of 1.00 A transfer payment that rises automatically during a recession is : Select one :
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Question 4   Correct Mark 1.00 out of 1.00 Discretionary ! scal policy refers to : Select one :
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Home My courses ECON 1580 - AY2020-T2 2 January - 8 January Self-Quiz Unit 8 - Chapter 27Started onWednesday, 8 January 2020, 2:50 PMStateFinishedCompleted onWednesday, 8 January 2020, 2:51 PMTime taken38 secsGrade10.00out of 10.00 (100%)Question CorrectMark 1.00 out of 1.00The government has a budget de!cit if:1Select one:a. its total revenues are equal to its total expenditures.b. its total revenues are less than its total expenditures.c. its total revenues are greater than its total expenditures.d. the money supply is less than total expenditures.
ECON 1580 Introduction to Economics - Term 2, 2019-2020
Question CorrectMark 1.00 out of 1.00Suppose a country's debt rises by 6% and its GDP rises by 8%.What happens to the debt-GDP ratio?2

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