How does the national debt as a percentage of GDP in the United States compared to the United Kingdom?
a. U.S. national debt ratio is smaller.
b. U.S. national debt ratio is slightly larger.
c. U.S. national debt ratio is substantially larger.
d. U.S. national debt ratio is substantially smaller.
b
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According to your textbook, the following is the prime cause of traffic congestion:
A) Population growth B) The American automobile industry C) Most roadway space is not priced. D) A lack of commitment to public transportation expansion
Why is the credit spread countercyclical and coincident?
What will be an ideal response?
A market is not a pure monopoly if firms
A. can enter it freely. B. sell unique products. C. can exit the market freely. D. require government permission to sell in the market.
Which of the following observations is true of business norms?
A. They are somewhat like a company's mission. B. They are equivalent to contract laws. C. They are standards of accepted behavior. D. They are the same as product quality standards.