When the Government Has a Surplus,as Occurred in the Late

question 1

Multiple Choice

When the government has a surplus,as occurred in the late 1990s,the ________ curve of bonds shifts to the ________,everything else held constant.

• A)supply;right
• B)supply;left
• C)demand;right
• D)demand;left

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Definitions:

Forces

Influences or factors that cause changes within a system or process, potentially affecting outcomes.

Work

Mental or physical activity that has productive results.

Critical Thinking

The method of diligently and adeptly forming, utilizing, examining, combining, and assessing data to arrive at a solution or determination.

Economy Sectors

The divisions of an economy into different groups or categories of activities, such as the agricultural, service, and industrial sectors.