In 2013, new bond issues and other forms of debt totaled ____ in corporate financing
a. $650 billion
b. $783 tillion
c. $1 trillion
d. ?$2 billion
b
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According to the Phillips Curve, which of the following may have taken place if both the unemployment rate and inflation have risen?
A) a negative supply shock B) an increase in expected inflation C) a severe recession D) a negative demand shock
In a competitive labor market, the demand for labor X that produces product Y will increase if the demand for product Y increases
a. True b. False Indicate whether the statement is true or false
Sugar price supports primarily benefit consumers
a. True b. False Indicate whether the statement is true or false
Which of the following government entities relies most heavily on sales taxes?
a. local government b. state government c. federal government d. the Social Security Administration