State-Owned Enterprises (SOEs) can succeed when
a. they are free from political interference and can make decisions according to economic criteria
b. the government is clear about the SOE's objectives and enforces the rules
c. the government is ready to subsidize the SOE in bad years
d. only the most crucial firms are state owned
e. SOEs never succeed according to economic criteria
A
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Refer to Figure 10-6. A change in income is shown in
A) Panel A. B) Panel B. C) Panel C. D) none of the above panels.
All of the following observations concerning the elasticity formula are true except
a. the changes with which it deals is measured as a percentage change. b. each of the percentage changes is calculated in terms of the average values. c. the calculation considers both positive and negative signs. d. each percentage change is taken as an "absolute value."
Which statement is false?
A. The 1990s was one of the most prosperous decades in the United States' history. B. The United States' economy reached its tenth year of steady expansion in the spring of 2001. C. Compared to other decades, the 1990s was a decade was unique in that it had strong economic growth with no recessions. D. At the end of the 1990s, the government was running budget surpluses.
Over 95 percent of the total public debt is held by banks and private individuals.
Answer the following statement true (T) or false (F)