The government budget deficit or surplus is the difference between what a government and what it in a year. earns from transfers; pays in transfers pays for imports; spends on exports spends; collects in taxes spends on programs; gives away in foreign aid Telephone operators who have lost their jobs as a result of computerized switchboards are an example of voluntary unemployment. frictional unemployment. cyclical unemployment structural unemployment.

The government budget deficit or surplus is the difference between what a government and what it in a year. earns from transfers; pays in transfers pays for imports; spends on exports spends; collects in taxes spends on programs; gives away in foreign aid Telephone operators who have lost their jobs as a result of computerized switchboards are an example of voluntary unemployment. frictional unemployment. cyclical unemployment structural unemployment.

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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