The single source of concern about the national debt is
a. gimmicks like the National Debt Clock.
b. the interest payments that must be made on the debt every year.
c. the transfer payments that must be made every year.
d. the large trade deficits that we face with other countries.
e. none of the above.
B
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Use the following table to answer the next question.Labor Compensation (Wages and Benefits)$9,560 billionProprietors' Income$615 billionNet Interest$1,024 billionCorporate Profits$2,049 billionRent$409 billionWhat is the value of national income?
A. $13,248 billion B. $13,042 billion C. $13,657 billion D. $12,427 billion
Are national forests public goods? Explain
Which of the following is true about the U.S. economy?
A. It had greater economic problems than other Western countries in the 1990s. B. It still experiences periods of inflation and unemployment. C. It has experienced 30 years of outright recession in the last 50 years. D. It has been able to do away with the business cycle.
Based on the figure below. Starting from long-run equilibrium at point C, an increase in government spending that increases aggregate demand from AD to AD1 will lead to a short-run equilibrium at point ________ creating _____gap. 
A. D; an expansionary B. B; no output C. B; expansionary D. A; a recessionary