The most commonly held form of public debt is the
a. Treasury bond
b. Treasury bill
c. Treasury note
d. savings bond
e. savings bill
D
You might also like to view...
Market power and market concentration
A) are directly related. B) are indirectly related. C) are inversely related. D) are not related.
An increasing trade deficit for Micromania will, ceteris paribus, lead to a devaluation of Micros (Micromania's currency) in world currency markets
Indicate whether the statement is true or false
A monopolist will earn economic profits as long as his price exceeds
a. marginal revenue. b. average fixed cost. c. average variable cost. d. average total cost.
A monopolist can sell 20 toys per day for $8.00 each. To sell 21 toys per day, the price must be cut to $7.00. The marginal revenue of the 21st toy is:
A. -$10 B. -$13 C. +$7 D. +$21