The national debt
a. is increased by budget surpluses.
b. is the value of the government's indebtedness at a moment in time.
c. exceeded $20 trillion in 2014.
d. All of the above are correct.
b
Economics
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Refer to Scenario 11.1. Suppose Mariana purchases the needed land from Abe, Ben, Cat, and Don for the value she calculated the land to be worth, but Eva refuses to sell the land for the same price as the other 4 ranchers
What is the maximum amount Mariana would be willing to pay Eva for her land and still be willing to build the railway? A) $400,000 B) $1 million C) $1.4 million D) $3 million
Economics
The message that market economies will inevitably fail is associated with:
a. Marx b. Samuelson c. Kornai d. Olson e. Hayek
Economics