At the time it occurs, external financing of the debt allows the economy to
A. Export more goods and services.
B. Consume beyond the production possibilities curve.
C. Reduce the size of the national debt.
D. Reduce the deficit ceiling.
Answer: B
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Use the following graph for a private closed economy (an economy with only a private sector and no international trade) to answer the next question. 
In this economy, investment is
A. $50 billion. B. $150 billion. C. $100 billion. D. $200 billion.
A graph shows the price of a pound of cucumbers on the vertical axis and the quantity of new cars sold by Honda on the horizontal axis. The price of a pound of cucumbers remains constant as the quantity of new cars sold increases
The graph of these data is a A) vertical line. B) positively sloped line. C) curve with a maximum. D) negatively sloped line. E) horizontal line.
Which of the following is one of the main features of our modern economy that helps ensure against a repeat performance of the Great Depression?
a. transfer payments b. outsourcing c. multiplier d. personal income tax
Net taxes:
What will be an ideal response?