Refer to the graph shown. If this monopolist were forced to set price equal to marginal cost, in the long run it probably would produce:

The share of net public debt owed to foreign residents today is close to

A) 80 percent. B) 10 percent. C) 100 percent. D) 50 percent.

U.S. national debt _______ when the federal government's _______

A. increases; outlays exceed tax revenue B. decreases; outlays exceed tax revenue C. increases; tax revenue rises faster than outlays D. decreases; tax revenue rises faster than outlays