Interest on the national debt, as a percentage of federal expenditures, has increased significantly since 1965.
A. True
B. False
C. Uncertain
B. False
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Other things equal, a decrease in the price level will
A) shift the AS curve to the left. B) shift the AS curve to the right. C) cause a movement up the AS curve. D) cause a movement down the AS curve.
A surplus will occur in a market if:
A. the quantity demanded at a given price is -less than the quantity supplied at that price. B. the quantity supplied at a given price exceeds the quantity demanded at that price. C. there are not enough sellers at the prevailing price. D. there are too many buyers at the prevailing price.
Most people will eliminate the F's and any D's that they can before reaching the 2.5 constraint, make an application to the world's income distribution using John Rawl's terms "veil of ignorance," "economic justice," and "poorest of the poor."
What will be an ideal response?
In the United Kingdom accountability and transparency for its central bank is achieved by setting:
A. a numerical target for economic growth. B. numerical targets for economic growth and the exchange rate. C. an explicit numerical target for inflation. D. a numerical target for unemployment each year.