Right now our national debt is
A. between $6 and $8 trillion.
B. between $8 and $10 trillion.
C. between $10 and $12 trillion.
D. over $12 trillion.
D. over $12 trillion.
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Given the information in Figure 14.4, the bilateral monopoly wage rate is:
A) W1. B) W2. C) W3. D) W4. E) Any of the above.
A production possibilities curve shows the various:
a. prices that can be charged for capital and consumption goods. b. combinations of prices and outputs that can be produced. c. combinations of goods the economy has the capacity to produce. d. combinations of resources and prices that the economy can produce.
The development of a low-cost synthetic fuel is expected to cause a decrease in the price of oil
a. True b. False Indicate whether the statement is true or false
Compared to stocks, bonds offer the holder
a. lower risk and lower potential return. b. lower risk and higher potential return. c. higher risk and lower potential return. d. higher risk and higher potential return.