The single source of concern about the national debt is
a. gimmicks like the National Debt Clock.
b. the interest payments that must be made on the debt every year.
c. the transfer payments that must be made every year.
d. the large trade deficits that we face with other countries.
e. none of the above.
B
Economics
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What is depreciation, and what happens to the depreciation line when the rate of depreciation increases or decreases?
What will be an ideal response?
Economics
According to the quantity theory of money, if an economy produces 5,000 units of output, its money supply equals $40,000 and the velocity of money equals one, then the price level will equal:
a. $0.13. b. $1.25. c. $8. d. $200. e. $8,000.
Economics