If There Is Initially a Federal Budget Deficit, and Government

question 99

Multiple Choice

If there is initially a federal budget deficit, and government purchases and taxes both rise:

• A)AD increases and the budget deficit increases.
• B)AD increases and the budget deficit decreases.
• C)AD decreases and the budget deficit increases.
• D)AD decreases and the budget deficit decreases.
• E)there is an indeterminate effect on both AD and the budget deficit.

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Definitions:

Efficiency

The ability to accomplish a job with a minimum expenditure of time and resources.

Heuristics

Problem-solving methods or strategies that employ practical, experiential approaches rather than guaranteed, optimal solutions.

Layout Problems

Layout problems involve the arrangement of physical facilities, equipment, and workspaces to optimize processes and operations efficiency.

Product Layouts

The arrangement of machinery, equipment, and workstations in a production facility to optimize the workflow and manufacturing process.