If there is a basic surplus but a positive total deficit, then
A) interest cost > basic surplus.
B) interest cost < basic surplus.
C) interest cost > positive total deficit.
D) interest cost < positive total deficit.
A
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A point on the demand curve shows the
A) minimum price that people are willing to pay for another unit of a good. B) dollars' worth of other goods that people must sacrifice to consume another unit of the good. C) maximum price that people are willing to pay for another unit of a good. D) consumer surplus a person gains from consuming a unit of a good. E) marginal benefit minus the consumer surplus from consuming another unit of a good.
On average, people in the United States spend a greater percentage of their income on health care than do people in most other countries
Indicate whether the statement is true or false
The originate-to-distribute business model has a serious ________ problem since the mortgage broker has little incentive to make sure that the mortgagee is a good credit risk
A) principal-agent B) debt deflation C) democratization of credit D) collateralized debt
Real GDP refers to:
A. the value of the domestic output after adjustments have been made for environmental pollution and changes in the distribution of income. B. GDP data that embody changes in the price level but not changes in physical output. C. GDP data that do not reflect changes in both physical output and the price level. D. GDP data that have been adjusted for changes in the price level.