When Spending by the Federal Government Exceeds Net Taxes,_____

question 144

Multiple Choice

When spending by the federal government exceeds net taxes,_____.

• A)the price level tends to fall
• B)the money supply must fall
• C)the aggregate demand curve shifts rightward
• D)aggregate supply moves rightward
• E)there is a federal budget surplus

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Definitions:

Oligopolistic Market

A market structure dominated by a small number of large firms, leading to limited competition and often collaborative behavior to control prices and market share.

Few Sellers

A market structure characterized by a small number of sellers, leading to a higher level of market power and potentially less competition.

Oligopolies

Market structures characterized by a small number of firms controlling a large portion of the market share, influencing prices and competition.

Duopolies

A market structure where two companies own all or nearly all of the market for a given type of product or service.