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1. The federal budget deficit has been over 30 percent of GDP since the early 1980s.
A)True
B)False
2. To finance a federal budget deficit, the U.S. Treasury borrows by selling:
A) Treasury Bills
B) Treasury Notes
C) Treasury Bonds
D) All of the Above
3. An increase in fiscal deficit spending financed by borrowing will not affect the national debt but decrease interest rates.
A) True
B) False
4. Internal ownership of the debt refers to the portion of the national debt owned by government agencies.
Assume the normal production process for beet sugar uses high sulfur oil for fuel and releases two units of sulfur dioxide to the air for every ton of beet sugar manufactured.
suppose that a firm uses both labour l and capital k as inputs and has the long run production function q lk - l with
The Day the Machines Went off
When the price of a superior good increases, consumers demand more of it. As consumer income increases a larger percentage of that income is spent on superior goods.
For Profit Labs, Inc. (FPL) is a private laboratory that does only routine blood count. With total assets of $8 million last year, FPL took in $3 million in revenue and had expenses of $2 million. The average firms in other industries make a retur..
According to the computer industry what are positive and negative effects of either a sudden increase or decrease in the number of competitors on prices in long run.
A risky asset has two possible outcomes. Outcome 1 pays $20 with 20% probability, and outcome 2 pays $50 with 80% probability. What is the standard deviation of payoffs of this asset? Show work
1-) Which step of the personal selling process has been most impacted by Internet technology 2-) Should marketing or sales be responsible for generating leads 3-) How does the salesperson determine whether the lead is good prospect
Why might you expect to see flat royalty payments in home-based franchises but revenue-based royalties in franchises that operate from commercial buildings?
Consider a $500,000 initial investment, annual savings of $92,500 for a 10-year period, a salvage value of $50,000, and a 10 % MARR applies. Using a spider plot, examine how sensitive the annual worth for the investment is to errors in estimating t..
If the CPI was 110 last year and is 121 this year, what is this year's rate of inflation? What is the "rule of 70"? How long would it take for the price level to double if inflation persisted at (a) 2, (b) 5, and (c) 10 percent per year?
Discuss how do reducing tax policies on electricity and imported luxury cars in short run affect firm revenue, consumer expenditure and government tax revenue?
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