Foreign individuals and institutions held about what percentage of the public debt in 2015?
A. 11 percent
B. 41 percent
C. 34 percent
D. 26 percent
Answer: C
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The economic life cycle describes how young people usually have higher savings rates than middle-aged people
a. True b. False Indicate whether the statement is true or false
Almost all economists agree that tariffs and import quotas
a. reduces general economic welfare. b. increases general economic welfare. c. have no effect on general economic welfare. d. stimulate a less than fully employed economy.
The net-export effect of expansionary monetary policy is a(n)
A) depreciation of the value of the dollar and the decrease of U.S. net exports. B) appreciation of the value of the dollar and the increase of U.S. net exports. C) appreciation of the value of the dollar and the decrease of U.S. net exports. D) depreciation of the value of the dollar and the increase of U.S. net exports.
Loss aversion can explain why very little ________ actually takes place in the securities market
A) short selling B) bargaining C) bartering D) negotiating