Among the major industrial economies, which of the following had the lowest national debt as a percent of GDP?

a. Canada
b. Australia
c. United States
d. Italy

b

Economics

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At the beginning of the year, United Delivery had trucks valued at $1.3 million. During the year, United Delivery purchased new trucks valued at $500,000

If the value of the trucks at the end of the year was $1.5 million, what is the amount of its net investment and its depreciation during the year?

Economics

As the period for firms to expand output is lengthened, the elasticity of the market supply curve will:

a. approach zero. b. increase. c. decrease. d. remain the same since time does not affect the elasticity of market supply.

Economics