A . How does our ratio of public debt to GDP compare with other democratic market-economy countries' ratios? b. Does this indicate whether or not our debt ratio is a problem? Explain
a . Our ratio of debt to GDP is similar to those of other democratic market economies.
b. This doesn't necessarily mean that our debt ratio is not a problem. Perhaps all of these countries have
debt problems, too. But it suggests that we are not out of line and we are probably not doing something
wrong.
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The main problem with using desalination to increase water supplies is that
a. There are few available sources b. It is very expensive c. Supplies are usually contaminated with pesticides d. Water tends to evaporate before it can be used e. Communities tend to be located too far from water supplies
Calling long distance is often more expensive on weekdays between 8 am and 5 pm than in the evening hours. Why is this the case?
A) Telephone companies hope to discourage customers from calling long distance during the day to keep their labor costs down. B) Businesses who must call suppliers or customers during business hours have few alternatives and therefore have an inelastic demand during the workday compared to after-work hours. C) The cost of making long-distance connections is higher during the day than in the evenings. D) Increasingly, businesses who must call suppliers or customers during business hours resort to the internet, thereby reducing demand for long-distance calls. To make up for this fall in demand, telephone companies charge higher rates.