Public debt is held as
A. Treasury Bills, Treasury Notes, Treasury Bonds, and U.S. Savings Bonds.
B. U.S. Notes.
C. bank deposits in U.S. banks.
D. Federal Reserve Notes.
Answer: A
Economics
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Refer to Table 4-4. Suppose that the quantity of labor demanded increases by 40,000 at each wage level. What are the new free market equilibrium hourly wage and the new equilibrium quantity of labor?
A) W = $8.00; Q = 390,000 B) W = $9.50; Q = 380,000 C) W = $10.00; Q = 390,000 D) W = $8.50; Q = 380,000
Economics
If the cost of variable inputs used in a firm's production process rose, which of the following would not occur?
a. Its AVC curve would shift up. b. Its ATC curve would shift up. c. Its MC curve would shift up. d. Its AFC curve would shift up.
Economics