Between 1980 and the early 1990s, the national debt
a. as a percentage of GDP, decreased
b. remained fairly constant
c. as a percentage of GDP, remained relatively unchanged
d. as a percentage of GDP, increased
e. declined
D
Economics
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When a business finds its obligations are ended,
a. all costs are variable costs b. this is the short run c. the market price of the output rises d. the marginal cost curve shifts up e. it may have to continue operations to minimize losses
Economics
Which system allows a country to print its currency and buy hard currencies or gold when it is running a trade surplus?
A. The floating exchange rate system B. The free market exchange rate system C. The managed float exchange rate system D. The fixed exchange rate system
Economics