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A balanced budget refers to: a. a budget in which revenues are equal to spending. c. consumption expenditures plus investment expenditures plus government expenditures. b. a budget in which marginal revenue is equal to marginal cost.
A balanced budget refers to a budget in which revenues are equal to spending.
Question|Asked by ACG Frosty
Asked 3/23/2016 8:08:04 AM
Updated 3/23/2016 8:28:30 AM
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A balanced budget refers to a budget in which revenues are equal to spending.

Added 3/23/2016 8:28:30 AM
This answer has been confirmed as correct and helpful.
Confirmed by jeifunk [3/23/2016 8:44:22 AM]
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Questions asked by ACG Frosty
When the government produces goods and services, it always competes with producers in the private sect
Question|Asked by ACG Frosty
Updated 1/26/2021 11:14:56 PM
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When the government produces goods and services, it always competes with producers in the private sector. TRUE.
Added 1/26/2021 11:14:56 PM
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a. Coins are usually metal based. b. Unlike paper money, the same coins are used in every country in the world. c. The creation of coins is authorized by the government. d. Coins are used as a form of money.
Question|Asked by ACG Frosty
Not Answered
Updated 2/13/2021 5:55:18 AM
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Unlike paper money, the same coins are used in every country in the world. - is the statement that is NOT true about coins.
Added 2/13/2021 5:55:18 AM
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t Object]User: During the 1980s, the government of Great Britain privatized a number of businesses, including the post office and the telephone company. What did the government actually do? a. It sold these government-owned businesses to individuals. b. It heightened security in these businesses to protect the privacy of British citizens. c. It converted privately owned companies to state-owned businesses. d. It developed stricter regulations in these industries for health and safety ...
Weegy: D. It developed stricter regulations in these industries for health and safety reasons. User: Factors such as life expectancy, energy consumption, per capita GDP, literacy rates, and infant mortality rates are used to a. measure the cultural output of a country. b. judge the worth of a nation and its people. c. determine how much foreign aid will be provided to a country. d. measure the development of a country. Weegy: C. high unemployment rates, high infant mortality rates, high literacy rates. User: Financing derived from the savings of a country’s citizens is called: a. foreign investment c. domestic investment b. internal financing d. foreign direct investment User: An example of foreign direct investment would be a. a wealthy person from an LDC investing his money in a foreign bank. b. a factory that is built in an LDC but owned by a foreign company. c. a new highway in an LDC financed by money borrowed from a foreign government. d. a person from a developed nation investing money in the stock market of an LDC. Weegy: An example of foreign direct investment would be B. a factory that is built in an LDC but owned by a foreign company. User: A low literacy rate is a characteristic of a less developed country. User: Factors that have contributed to limiting development in poor nations include all of the following EXCEPT a. relying on a free market economy to stimulate economic growth. b. spending money on weapons at the expense of infrastructure. c. government leaders who accumulate personal fortunes at the expense of their nations. d. a history of colonialism that prevented countries from producing their own goods. Weegy: B. spending money on weapons at the expense of infrastructure. User: Skills and knowledge gained by a worker through education and experience is called physical capital. (More)
Question|Asked by ACG Frosty
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Updated 7/2/2019 3:31:54 AM
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Skills and knowledge gained by a worker through education and experience is called physical capital. FALSE.
Added 7/2/2019 3:31:54 AM
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t Object]User: Under a system of pollution permits, the amount of pollution can be reduced by a. issuing fewer permits as time goes on. b. issuing more permits as time goes on. c. taxing the pollution permits. d. giving tax breaks for the pollution permits. User: According to an economist, what makes a resource scarce? a. It is nonrenewable. b. The quantity demanded exceeds the quantity supplied. c. It has a relatively high price. d. It is polluted
Weegy: According to an economist, what makes a resource scarce? b. The quantity demanded exceeds the quantity supplied.There are four economic resources: Land, Labor, Capital and Entrepreneurship. These resources are scarce relative to human wants. [ They are never available in sufficient quantity to produce goods and services to satisfy all human wants. Thus, because when humans desire something or something more, the resources are slowly used up.Therefore, this leads to scarce resourc ] User: Environmentalists will buy pollution permits as a way of stopping pollution. User: Pollution occurs because: a. the government has too many laws against pollution. c. of pollution permits. b. incentives to pollute exist. d. factors of production are unlimited Weegy: Pollution occurs because incentives to pollute exist. User: People have become increasingly concerned about pollution in recent years. (More)
Question|Asked by ACG Frosty
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Updated 6/13/2019 8:56:00 AM
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People have become increasingly concerned about pollution in recent years. FALSE.
Added 6/13/2019 8:56:00 AM
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All of the following are characteristics of classical economics EXCEPT a. a free market economy. b. the law of supply and demand. c. the idea of achieving market equilibrium. d. a significant role for government in the running of the economy.
Question|Asked by ACG Frosty
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Updated 3/21/2016 12:15:11 PM
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All of the following are characteristics of classical economics EXCEPT a significant role for gov't in running the economy.
Added 3/21/2016 12:15:11 PM
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