Since the 1970s, unemployment rates in the United States have generally been
A. lower than in Europe.
B. higher than in Europe.
C. about the same as in Europe.
D. not compared to Europe, since unemployment is not present in Europe.
Answer: A
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Suppose a firm has an investment project which will cost $200,000 and result in $30,000 profit. The firm will not undertake the project if the interest rate is
A) greater than 15 percent. B) greater than 10 percent. C) greater than 5 percent. D) positive.
In the United States, health care spending as a percentage of GDP has declined since 1965
Indicate whether the statement is true or false
The greater the risk of nonrepayment of a loan, other things being equal
A. the longer is the repayment term. B. the lower is the charged loan fees. C. the smaller is the amount of collateral that is used. D. the higher is the rate of interest.
Foreign individuals and institutions held about what percentage of the public debt in 2015?
A. 11 percent B. 41 percent C. 34 percent D. 26 percent