The portion of national debt owned by foreigners does constitute a burden on the nation as a whole.
Answer the following statement true (T) or false (F)
True
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Which of the following statements best describes the concept of consumer surplus?
A) "I paid $89 for a microwave oven last week. This week the same store is selling the same microwave oven for $69." B) "Target was having a sale on tube socks so I bought 5 pairs." C) "I sold my hard copy of Harry Potter and the Half-Blood Prince to a used book store for $10 even though I was willing to sell it for $5." D) "I was going to pay $200 for new sunglasses that I had seen at the Oakley store but I ended up paying only $140 for the same sunglasses."
Taking into consideration indirect stock ownership in the United States, we can conclude that
a. stock ownership is on the decline b. the majority of the population are stockholders c. all businesses are in fact corporations d. too much cheating is going on in the stock market e. we should change the laws so that pension funds can buy stocks
The job market for which group always seems to have higher unemployment than the labor force as a whole? Why?
What will be an ideal response?
Inflation increases uncertainty in the markets because:
A. consumers must put more effort into shopping to find the best price. B. it is more difficult to stay aware of how one product compares in cost to another. C. sellers raise the prices of their products very gradually and predictably.