In 2007, foreigners hold about _____ percent of the national debt
a. 25
b. 40
c. 10
d. 3
e. 75
A
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Refer to Table 8-27. What is the level of disposable personal income for this economy?
A) $1,080 billion B) $1,010 billion C) $980 billion D) $860 billion
If a firm raises funds by recruiting additional owners to invest in the firm
A) the firm's net worth would decrease. B) the firm's financial capital would decrease. C) the firm's financial capital would increase. D) the firm's stock price would decrease.
Which of the following defines logrolling?
b. Individual legislators write legislation that only benefits their congressional districts. c. A legislature passes laws without allowing public hearings or congressional debate. d. Lobbyists offer high-paying jobs to influential legislators in exchange for favorable legislation.
Without government intervention, public goods would
a. be much less expensive. b. not be provided. c. be produced in much larger quantity. d. be priced within the income ability of all individuals to purchase them.