The burden of the internal portion of the debt is incurred
A. Solely by the U.S. government.
B. When the debt comes due.
C. When the debt-financed activity takes place.
D. None of the choices are correct.
Answer: C
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The American Federation of Labor was founded on the principles of racial and worker solidarity
Indicate whether the statement is true or false
The phrases "once in, always in" and "once in, always grows" aptly describe a criticism of the Keynesian policy prescription for
a. the self-correcting nature of the economy b. moderating aggregate output c. closing a recessionary gap with government spending d. the balanced budget multiplier e. closing an inflationary gap
The coordination task of dividing products among consumers is a problem of
a. output selection. b. production planning. c. distribution. d. market segmentation.
If the exchange rate is 2 Brazilian reals per dollar and a meal in Rio costs 20 reals, then how many dollars does it take to buy a meal in Rio?
a. 40 and your purchase will increase Brazil's net exports. b. 10 and your purchase will increase Brazil's net exports. c. 40 and your purchase will decrease Brazil's net exports. d. 10 and your purchase will decrease Brazil's net exports.