The U.S. National Debt: A Historical Perspective
What will be an ideal response?
Two Centuries of Deficits and Debt
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A stable regular relation between income and the money stock as the medium of exchange presumes that
A) no interest is paid on the medium of exchange. B) as interest rates increase the amount of money held increases. C) as interest rates increase the amount of the medium of exchange held decreases. D) A and B.
The goal of a cartel is to
A) increase competition among members. B) maximize industry profits. C) increase industry production. D) all of the above.
Since World War II,
a. air pollution has worsened in most U.S. cities. b. many new pollutants have been introduced or identified. c. the federal government has reduced its reliance on economic incentives as a means of reducing pollution. d. All of the above are correct.
According to Peter Thiel's book Zero to One, firms are always working toward:
A. dynamic monopoly. B. oligopoly. C. perfect competition. D. monopolistic competition.