The highest-income fifth of the U.S. population earns more than 50 percent of all income.

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

True

Economics

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A weighted output maximization could serve as a reasonable pricing guideline

Indicate whether the statement is true or false

Economics

If the national debt is owed to foreigners,

A. the debt constitutes a burden to domestic citizens. B. economic growth will necessarily be higher than if the debt were owed to domestic citizens. C. paying off the debt will involve a transfer of resources within the country. D. future interest payments on the debt are not a burden to the nation.

Economics