The national debt refers to the difference between revenues and expenditures in any given year
Indicate whether the statement is true or false
F
You might also like to view...
An editorial in a newspaper calling for the government to abolish the minimum wage because it takes advantage of consumers is an example of a(n)
a. positive economic statement. b. pure economic statement. c. normative economic statement. d. abstract economic statement.
The yield to maturity is equal to
A) the interest rate at which the present value of an asset's returns is equal to its price today. B) the face value or par value of a coupon bond. C) any payments received from an asset at the date the asset matures. D) interest rate on the asset minus any taxes owed on the interest received.
Centrally planned economies do not use the price system for anything
a. True b. False Indicate whether the statement is true or false
Remittances are used to fund housing and education for families left behind in the home countries.
Answer the following statement true (T) or false (F)