A budget surplus is what is left over or not spent from the previous budget; this leaves the government with extra money left from last fiscal years budget. In turn, it will subtract from the National debt, leaving us with less debt and showing that our money is being managed correctly.
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Answer: • Defensive operations are usually common and that the dynamic open market operations is smaller than the volume of the defensive open market operations.
Explanation:
Open market operations is when treasury bills and securities are on sale in an economy. It is typically bought by the central bank to ensure that money is available in an economy.
Open market operations are typically repurchase agreements tells us that defensive operations are usually common and that the dynamic open market operations is smaller than the volume of the defensive open market operations.
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In a macroeconomic sense, transportation activities form a portion of a nation’s total economic product and play a role in building or strengthening a national or regional economy and as an influence in the development of land and other resources. In a microeconomic sense, transportation involves relations between firms and individual consumers. The demand for and supply of transportation for both passengers and freight, transportation pricing, and the reasons why the transportation system is both regulated and deregulated are among its concerns