Which of the following statements is true concerning the U.S. national debt?
A. Budget surpluses in 2002 and 2003 have reduced the national debt.
B. U. S. government agencies own about 42 percent of the total national debt.
C. Private American citizens own over 70 percent of the total national debt.
D. Foreigners hold 50 percent of the total national debt.
B. U. S. government agencies own about 42 percent of the total national debt.
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Aging baby-boomers, predisposed to hearing loss because of years of listening to loud music, are now approaching the age range in which hearing loss starts to become apparent
What effect does this have on investment spending within the hearing aid industry? A) There will no longer be an opportunity cost associated with investment spending. B) There will be no change in real investment spending, because hearing aid manufacturers will look only at the interest rate in determining whether to expand production. C) The investment function relating planned real investment spending to the interest rate can be expected to shift rightward. D) The investment function relating planned real investment spending to the interest rate can be expected to shift leftward.
Explain the relationship between elasticity of supply and time
What will be an ideal response?
The primary objective of a cartel is to:
A) maximize the amount of profit received by each member of the organization.
B) maximize the joint profits of the members of the organization.
C) ensure each member of the organization some minimum amount of profit.
D) maximize the average profits of the members of the organization.
Equilibrium price in international trade is the common price between exporting and importing countries.
Answer the following statement true (T) or false (F)