The share of the net national debt owned by foreign individuals, businesses, and governments has steadily risen to 80%
a. True
b. False
Indicate whether the statement is true or false
False
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Which of the following is an example of a "damaged goods" strategy
a. A supermarket offers free parking space but charges higher for groceries b. A television reseller spends time making sure that the picture quality of the bargain priced sets is fuzzy c. A gift store hikes up the prices on gift wrapping services during its seasonal sale d. All of the above
Law of Demand
What will be an ideal response?
Average total cost is ______.
a. how much it costs to produce one unit of output b. the mean sum needed to buy one unit of output c. the variable input costs that change with output d. the cost changes resulting from a change in output
According to the graph shown, what does Y on the x-axis stand for?
A. Current level of GDP B. Observed level of output C. Full employment level of output D. Future target goal for output