If our deficit falls steadily over the next five years our national debt will
A. increase at an increasing rate.
B. increase at a decreasing rate.
C. decrease at an increasing rate.
D. decrease at a decreasing rate.
B. increase at a decreasing rate.
You might also like to view...
Henry David Thoreau faced a choice: Stay in the village of Concord or move out to Walden Pond. He decided to move to Walden. What was his" opportunity cost"?
A) There was no opportunity cost if he didn't pay rent for his cabin on Walden Pond. B) The satisfaction he would have enjoyed were he to stay in Concord C) The sweat and toil of building his own cabin and living off the land at Walden Pond D) There was no opportunity cost, because he made a free and voluntary decision to live the way he preferred to live.
An association of producers that fixes common prices and output quotas is known as a
A) cartel. B) common selling organization. C) joint-marketing arrangement. D) trade association.