The problem created by "scarcity":
A. is not a concern for the top income earners.
B. applies to everyone because in general resources are limited.
C. could be solved if more people worked overtime.
D. is an individual concern but not a concern on the macro level.
Answer: B
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In the table above, the firm producing the product is
A) a monopoly. B) an oligopoly. C) a duopoly. D) perfectly competitive.
"Rolling over" the debt means
a. to repay old bonds that come due for payment by issuing new bonds. b. to repay old bonds that come due by printing money. c. dividing the tax burden of the debt across the fifty states based on their share of the population. d. dividing the tax burden of the debt across the fifty states based on their share of economic activity. e. to repay old bonds that come due by giving gold to the bondholders from the national gold depository in Fort Knox..