The national debt is owed to which of the following?

a. The Federal Reserve system
b. Investors who buy U.S. Treasury bills, bonds, and notes
c. Federal government workers
d. Taxpayers

b

Economics

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The figure above shows Diane's demand curve for soda. The price of a soda is $1.00. Diane's total benefit from consuming 15 sodas is

A) $15.00. B) $26.25. C) $11.25. D) $0. E) None of the above answers is correct.

Economics

In the economic way of thinking, individuals make "choices" only when they

A) follow their narrow, selfish interests. B) enjoy perfect and complete information about the consequences of their actions. C) act responsibly. D) pursue one project while sacrificing another. E) have mastered the lessons of economic theory.

Economics