The total value of government bonds outstanding at any particular time is called the

A) government debt.
B) government deficit.
C) seignorage revenue.
D) yield curve.

A

Economics

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The number of people who have gray hair is very high among residents living in Florida. A student concludes that living in Florida causes hair to turn gray. What is the flaw in this student's reasoning?

A) The student is drawing a false conclusion by making the mistake of omitting critical variables such as the age and gender of the residents. B) The student has failed to take into account other causes of gray hair. C) The student is using an inadequate sample size. D) The student is drawing a false conclusion; he is confusing cause and effect.

Economics

Which of the following is NOT an official reserve asset for the United States?

A) Monetary gold B) British pounds C) SDRs from the IMF D) Mexican pesos

Economics