The difference between gross public debt and net public debt is that
A. net public debt is expressed in real terms while gross public debt is expressed in nominal terms.
B. gross public debt is held by individuals while net public debt is held by the government.
C. gross public debt includes interagency borrowing while net public debt does not.
D. net public debt includes interagency borrowing while the gross domestic product debt does not.
Answer: C
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Explain how some structural changes can increase the natural unemployment rate while other structural changes can decrease the natural unemployment rate
What will be an ideal response?
All of the following practices increase a firm's profit by extracting more consumer surplus than can be obtained by simple monopoly pricing except which one?
A) commodity bundling B) all-or-nothing offers C) two-part pricing D) linear pricing
Public goods are any goods provided by units of local, state, or federal governments.
Answer the following statement true (T) or false (F)
Compared to a single-price monopoly, a perfectly competitive market with the same costs produces ________ output and has a ________ price
A) less; lower B) less; higher C) more; lower D) more; higher