The total amount owed by the federal government to the public is the

A. fiscal drag.
B. federal budget deficit.
C. net tax revenue.
D. federal debt.


Answer: D

Economics

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Accounting profit is usually larger than economic profit.

Answer the following statement true (T) or false (F)

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Economists believe that political instability can facilitate economic development in an LDC by making its citizens more open to change and new technology

a. True b. False Indicate whether the statement is true or false

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Which of the following is an example of contractionary fiscal policy?

A. Cutting spending B. Reducing taxes C. Increasing spending D. None of these

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Which of the following is higher in Mali than in the United Kingdom?

a. Modern sanitation access b. Income per person c. Child mortality d. Percent of the population enrolled in college

Economics