naFurmPeraytr naFurmPeraytr
  • 09-11-2016
  • Business
contestada

What would happen to the budget deficit if the (
a. gdp growth rate jumped from 2 percent to 4 percent?

Respuesta :

MissPhiladelphia
MissPhiladelphia MissPhiladelphia
  • 22-11-2016
Budget deficit is expressed in terms of monetary numbers or as a percentage of deficit to the gross domestic product (GDP). In other words, these two are inversely proportional. So, if the GDP growth rate increases from 2 to 4 percent, thus there is less budget deficit.
Answer Link

Otras preguntas

How does the structure of chromosomes differ in prokaryotes and eukaryotes?
What is 1/3 divided by 8
Charges of human rights violations clouded U.S. relations with China. True or False?
Which of the following two groups did NOT do battle with the Romans Samnites Hittites Celts Etruscans Carthaginians Flavians
The seeds for European economic dominance over the rest of the world were planted during the _____. Agricultural Revolution Technology Revolution Political Revo
Mass is an accurate measure of weight. true or false
The number of organisms that the environment in an ecosystem can handle is called its _____. growth rate carrying capacity population density
Identify this group of words. Sit! fragment sentence
Technical language from the workplace or specialized fields of knowledge is called
The formula d = rt gives the distance d traveled in time t at rate r. A train travels 163.2 miles in 2.4 hours, traveling at a constant rate. What is the train