A chart of the ratio of national debt to GDP from 1915 to 2014 would show
a. significant increases from 1945 to 1975.
b. significant increases during World Wars I and II.
c. a larger value in 1975 compared to 1945.
d. significant increases from 1995 to 2003.
b
Economics
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What is the present value of $104.25 that you could receive one year from now, given that the rate of interest is 4.25 percent?
A) $108.50 B) $0.00 C) $4.25 D) $100.00
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Historically, the most harmful bubbles are those financed by heavy borrowing and extensive use of leverage.
Answer the following statement true (T) or false (F)
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