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