In 2012, the U.S. federal debt held by the public was:

A. held largely by foreign governments.
B. about four times as large as the GDP.
C. about twice as large as the GDP.
D. about 70 percent of the size of the GDP.

D. about 70 percent of the size of the GDP.

Economics

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How do regulators help to ensure the soundness of financial intermediaries?

What will be an ideal response?

Economics

To sell one more unit of a good, a monopolist must

A) lower the price on the last unit only. B) lower the price on all units. C) raise the price only on the last unit sold. D) raise the prices on all goods.

Economics