Who does the government borrow from?
What will be an ideal response?
If you look at table OFS-2 in the document below, you'll see that the US government has borrowed more than half of its debt from US Citizens. As of March 2018, 29.5% (6,216.6/21,089.9) of the debt was held by foreign & international investors
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The perfectly competitive firm's marginal revenue curve is
A) exactly the same as the marginal cost curve. B) downward-sloping, at twice the (negative) slope of the market demand curve. C) vertical. D) horizontal. E) upward-sloping.
Relative prices describe the terms at which individual goods are exchanged for one another
a. True b. False Indicate whether the statement is true or false
The key factor leading to the financial crises in Mexico and the East Asian countries was
A) a deterioration in banks' balance sheets because of increasing loan losses. B) severe fiscal imbalances. C) a sharp increase in the stock market. D) a sharp decline in interest rates.
By increasing transaction speed, electronic trading in stock markets has affected the trade off between size of market—which can reduce the search an investor must make to compare investments—and transaction speed
Indicate whether the statement is true or false