In 2014, the Social Security Trust Fund held approximately
A. more than enough to deal with all future liabilities.
B. $3 trillion in government bonds, and when combined with expected future taxes, that will be enough to deal with future liabilities.
C. enough to deal with all future liabilities.
D. $3 trillion in government bonds, and when combined with expected future taxes, that will still not be enough to deal with future liabilities.
Answer: D
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The country in which two of the categories of banks are clearing banks and merchant banks is
A) the United Kingdom. B) the United States. C) Japan. D) Germany.
The ratio of debt to GDP is much higher in the United States than in most other industrialized nations
Indicate whether the statement is true or false
Which of the following statements about the relationship between economic costs and accounting costs is true?
A. Accounting costs are always greater than economic costs. B. Accounting costs must always equal economic costs. C. Accounting costs are always less than or equal to economic costs. D. Accounting costs are equal to or greater than economic costs.
Refer to the figure below.________ inflation will eventually move the economy pictured in the diagram from short-run equilibrium at point ________ to long-run equilibrium at point ________. 
A. Rising; A B. Falling; A; C C. Falling; B: C D. Rising; A; C