Public debt is held as

A) Treasury Bills, Treasury Notes, Treasury Bonds, and U.S. Savings Bonds.
B) U.S. Notes.
C) Federal Reserve Notes.
D) corporate bonds and common stocks of the largest companies.

A

Economics

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The main point of the second theorem of welfare economics is that:

A) efficiency is more important than equity. B) efficiency may be achieved, but equity is not a feasible goal. C) any attempt to achieve an equitable outcome must occur off the contract curve. D) any equitable outcome can be achieved by reallocating the resources among the members of a society.

Economics

The ________ the sale of an additional unit of a product is a marginal benefit to the firm

A) revenue received from B) extra cost of C) total value of D) sales tax on

Economics