As of 2011, government debt as a percentage of GDP was ________ in the United States, compared to 29 other major economies
A) higher than average
B) extremely low
C) highest
D) lower than average
A
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The above figure shows the Lorenz curve for wealth for the nation of Rusha. What percent of wealth is owned by the poorest quintile?
A) 0 percent B) 5 percent C) 20 percent D) 35 percent
Explain the concept, goals, and methods of integrated rural development
What will be an ideal response?
A law requiring sellers to pay the government a tax per pack on cigarettes has the effect of:
a. shifting the supply curve to the right. b. shifting the demand curve to the right. c. shifting the supply curve to the left. d. shifting the demand curve to the left.
U.S. imports are
a. not added to U.S. GDP because they are produced abroad b. added to U.S. GDP because they are consumed domestically c. added to U.S. GDP because they represent an increase in inventories d. added to U.S. GDP as government purchases because the government decides what goods may be imported e. not added to U.S. GDP because they are intermediate goods