The Nominal Deficit Depends Primarily On

question 150

Multiple Choice

The nominal deficit depends primarily on:

• A)government's expenditures and receipts.
• B)the rate of inflation.
• C)the difference between potential and actual output.
• D)the debt.

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Definitions:

Time

The continuous, irreversible progress of existence and events in the past, present, and future regarded as a whole.

M.B.A.s

Masters of Business Administration, a graduate degree focused on business management, covering areas such as accounting, finance, marketing, and operations management.

Economics

The social science concerned with the production, distribution, and consumption of goods and services.

Sociology

The study of the development, structure, and functioning of human society.