Until about 1983, almost all of U.S. national debt stemmed from financing wars or from the loss of tax revenues that accompany recessions.
Answer the following statement true (T) or false (F)
True
Economics
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Refer to Table 2.1. GDP in 2013 is
A) $243.00. B) $267.50. C) $294.00. D) $302.50.
Economics
If a corporation fails, the first recipients of funds that may remain are
A) preferred stockholders. B) common stockholders. C) bond holders. D) no one.
Economics
Suggested donations on fundraising items sent to you in the mail is an example of:
A. loss aversion. B. positive framing. C. anchoring. D. rule of thumb.
Economics
The main difference between new classical and new Keynesian theory is with respect to the assumption of
A) how expectations are formed. B) how flexible wages and prices are. C) the slope of the SRAS curve. D) the slope of the AD curve.
Economics