The share of net public debt owed to foreign residents today is close to
A) 80 percent. B) 10 percent. C) 100 percent. D) 50 percent.
D
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Monetarist and Keynesian theories of money demand differs in that
a. Monetarists assumes that the demand for money is highly inelastic while Keynes assumes money demand is elastic. b. Monetarists assumes that the money demand function is highly stable while Keynes assumes it is unstable. c. Monetarists assumes that there is only a transactions demand for money while Keynes also considers the precautionary and speculative demands for money. d. Monetarists assume that the proportion of income held in theform of money is constant while Keynes believes it varies. e. all of the above.
If your business earns $10,000 in revenues, has explicit costs of $7,000, and implicit costs of $5,000, your economic profit is
A) $2,000. B) -$2,000. C) $5,000. D) $3,000.
Explain the difference between fixed costs in the short run and fixed costs in the long run
What will be an ideal response?
Fiscal policy includes changing the level of household taxes.
Answer the following statement true (T) or false (F)