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
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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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Updated 10/5/2018 1:25:36 AM
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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
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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
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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
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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
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