Which of the Following Events Occurred During the 2000 to 2005

question 16

Multiple Choice

Which of the following events occurred during the 2000 to 2005 time-frame and had an important impact on the deficit/surplus projections?

• A)The steep decline in taxable capital gains that resulted from declines in the Stock Market from March 2000 to the end of 2002.
• B)The increase in interest rates from 2001 to 2003.
• C)The increase in inflation rates from 2000 to 2002.
• D)The decrease in unemployment rates from 2002 to 2003.

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Definitions:

Water

A transparent, tasteless, odorless, and nearly colorless chemical substance, which is the main constituent of Earth's streams, lakes, and oceans and the fluids of most living organisms.

Energy

The capacity to do work, which comes in various forms such as kinetic, potential, thermal, electrical, chemical, nuclear, and others, and can be transformed from one form to another.

Commodities Price Index

An index that measures changes in the general price level of commodities traded in the global markets, like metals, food, and energy.

Productive Resources

Includes the inputs used in the production of goods and services, such as labor, capital, and natural resources.