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Loraine Loraine
wrote...
Posts: 4563
9 years ago
The national debt can only be reduced if
A) the federal budget is in deficit.
B) the federal budget is in surplus.
C) there are no tax multiplier effects.
D) the economy has a deflationary gap.
E) the economy has an inflationary gap.
Textbook 
Essential Foundations of Economics

Essential Foundations of Economics


Edition: 7th
Authors:
Read 322 times
1 Reply
Start by doing what's necessary; then do what's possible; and suddenly you are doing the impossible.
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SydnieSydnie
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Posts: 3807
9 years ago
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Loraine Author
wrote...

9 years ago
Just got PERFECT on my quiz
wrote...

Yesterday
Thanks
wrote...

2 hours ago
Good timing, thanks!
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