Which of the following contributed to the increase in the national debt during the 1990s?
A. A decrease in military expenditures.
B. The bailout of failed savings and loan associations.
C. A decrease in discretionary spending.
D. A period of inflation.
Answer: B
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A credible threat is:
A. possible to carry out. B. in the threatener's interest to carry out. C. legally enforceable. D. not in the threatener's interest to carry out.
According to the text application, the IPCC estimates that
a. Africa is the only continent vulnerable to climate change b. ecological risk to North America will vary within the region c. Europe should experience shorter growing seasons d. Latin American should experience higher crop yields e. all of the above
When there is only one buyer in the market
A) a closed shop exists. B) a monopsony exists. C) then the market will be perfectly competitive. D) the supply curve for the good will be perfectly elastic.
When considering setting the transfer price at the market price of a product similar to the intermediate good that is already available on the market
a. It is appropriate to ignore that the market price includes a margin above marginal cost b. It is OK if the product on the market includes costly features your downstream division does not use c. it is OK if the product on the market is inexpensive because its quality is lower than you use d. if it is similar enough, it calls into question whether there are gains from producing it in-house