The Government Debt Can Only Be Reduced If

question 138

Multiple Choice

The government debt can only be reduced if

• A)there are no tax multiplier effects.
• B)the economy has a deflationary gap.
• C)the Commonwealth budget is in surplus.
• D)the economy has an inflationary gap.
• E)the Commonwealth budget is in deficit.

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Definitions:

Dizygotic

Referring to twins that are the result of two separate eggs fertilized by two separate sperm, resulting in genetically distinct siblings born at the same time.

Monozygotic

Another term for identical twins, indicating they originated from a single zygote.

Chromosomes

Structures within cells that contain the organism's genetic material (DNA) and are responsible for determining the characteristics of an organism.

Sperm Cells

Male reproductive cells vital for sexual reproduction, responsible for fertilizing the female ovum.