In 2012, about ____ percent of the U.S. public debt was held by the federal government and Federal Reserve
A. 33
B. 57
C. 62
D. 40
D. 40
You might also like to view...
Of the recessions and expansions from 1950 to 1990, the common events were
a. reactions to war and oil prices b. tax increases and tax cuts c. changes in exports d. Decreases in welfare spending e. Increases and decreases in health care spending
Given the above graph, the marginal rate of technical substitution at point A is
A. greater than 4.0. B. greater than 0.25. C. less than 0.25. D. less than 4.0.
If the MPC is 0.6, the tax multiplier is
A. -0.6. B. -1.5. C. -2.5. D. -4.
Which of the following conditions must hold in the equilibrium of a competitive market where the government puts a specific tax on consumers?
A) The quantity sold and the price paid by the buyer must lie on the demand curve. B) The quantity sold and the seller's price must lie on the supply curve. C) The quantity demanded must equal the quantity supplied. D) the difference between the price the buyer pays and the price the seller receives must equal the specific tax. E) all of the above