Question and answer
federal government experiences a budget deficit when its revenue from taxes is higher than its expenditures. Answer True False
The federal government experiences a budget deficit when its revenue from taxes is higher than its expenditures. This is False.
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Asked 3/10/2014 5:44:07 PM
Updated 3/1/2015 10:59:40 AM
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The federal government experiences a budget deficit when its revenue from taxes is higher than its expenditures. This is False.

Added 3/1/2015 10:59:40 AM
This answer has been confirmed as correct and helpful.
Confirmed by debnjerry [3/1/2015 11:03:18 AM]
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Microeconomics is the study of broad, economy-wide issues such as the unemployment rate, gross domestic product, and inflation. Answer True False
Question
Updated 12/28/2014 10:02:51 AM
1 Answer/Comment
Microeconomics is the study of broad, economy-wide issues such as the unemployment rate, gross domestic product, and inflation. This is False.

Added 12/28/2014 10:02:51 AM
This answer has been confirmed as correct and helpful.
Confirmed by andrewpallarca [12/28/2014 10:07:40 AM]
Inflation occurs as the average prices of goods and services rise.
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Not Answered
Updated 10/5/2018 1:25:36 AM
1 Answer/Comment
Inflation occurs as the average prices of goods and services rise. TRUE.
Added 10/5/2018 1:25:36 AM
This answer has been confirmed as correct and helpful.
Confirmed by Sting [10/5/2018 8:31:46 AM]
Less expensive labor pools overseas might create layoffs at a U.S.-based engine plant. This is an example of structural unemployment. Answer True False
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Updated 1/30/2017 4:56:22 PM
1 Answer/Comment
Less expensive labor pools overseas might create layoffs at a U.S.-based engine plant. This is an example of structural unemployment. True.

Added 1/30/2017 4:56:22 PM
This answer has been confirmed as correct and helpful.
Confirmed by Andrew. [1/30/2017 11:58:21 PM]
Karl Marx envisioned communism as a system that would improve the lot of the common worker. Answer True False
Question
Updated 12/28/2014 10:14:48 AM
1 Answer/Comment
Karl Marx envisioned communism as a system that would improve the lot of the common worker. This is True.

Added 12/28/2014 10:14:48 AM
This answer has been confirmed as correct and helpful.
To evaluate inflation, the government uses Answer inflation and disinflation. the consumer price index (CPI) and producer price index (PPI). productivity and unemployment. monetary policy and fiscal policy.
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Updated 9/19/2014 12:02:28 PM
1 Answer/Comment
To evaluate inflation, the government uses: the consumer price index (CPI) and the producer price index (PPI).

Added 9/19/2014 12:02:28 PM
This answer has been confirmed as correct and helpful.
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