If the government runs a deficit, the total amount of government debt is OA. decreasing. OB. increasing. OC. constant. D. zero.

ENGR.ECONOMIC ANALYSIS
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Chapter1: Making Economics Decisions
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If the government runs a deficit, the total amount of government debt is
OA. decreasing.
B. increasing.
OC. constant.
OD. zero.
Transcribed Image Text:If the government runs a deficit, the total amount of government debt is OA. decreasing. B. increasing. OC. constant. OD. zero.
The long-run aggregate supply curve is
OA. upward sloping; falls
B. vertical; falls
C. upward sloping; stays constant
D. vertical; rises
because along it, as prices rise, the money wage rate
Transcribed Image Text:The long-run aggregate supply curve is OA. upward sloping; falls B. vertical; falls C. upward sloping; stays constant D. vertical; rises because along it, as prices rise, the money wage rate
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