Right now our national debt is
A. between $6 and $8 trillion.
B. between $8 and $10 trillion.
C. between $10 and $12 trillion.
D. over $12 trillion.
D. over $12 trillion.
Economics
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The opportunity cost of an action:
a. is equal to the marginal cost of an action b. is equal to explicit cost c. is equal to the cost of the next best alternative forgone d. is the total cost of an action
Economics
Refer to the graph above. Suppose that its shows the S and D graphs in a market where usage of the product generates a lot of external benefits. In this case, the government should use its coercive power to make:
A. The supply curve shift to the left
B. The supply curve shift to the right
C. The demand curve shift to the left
D. The demand curve shift to the right
Economics