Which statement is true?
A. The national debt is larger than our GDP.
B. The national debt has doubled over the last two years.
C. The national debt is nearly $400 billion.
D. The national debt has increased every year from 1969 to 1997.
D. The national debt has increased every year from 1969 to 1997.
You might also like to view...
Overall limits on an economy's ability to use capital are its
a. absorptive capacity b. budget deficit c. capital flight d. disequilibrium interest rate e. all of the above
Junk bonds are defined as those bonds the rating services consider to be
A) investment grade. B) high risk or speculative grade. C) financial grade. D) in default.
The more variable a firm's demand, the ________ the loss from uncertainty, which means the firm has ________ to gain from a forecast.
A) smaller; less B) smaller; more C) larger; less D) larger; more
An increase in price and an indeterminate change in quantity are consistent with a:
A. leftward shift in supply and a rightward shift in demand. B. rightward shift in supply and a leftward shift in demand. C. leftward shift in demand and no shift in supply. D. leftward shift in supply and no shift in demand.