Which of the following countries has the largest projected net debt as a percentage of their GDP for 2011?

Opportunity cost is defined as the

A) total value of all the alternatives given up B) highest-valued alternative given up C) cost of not doing all of the things you would like to do. D) lowest-valued alternative given up

In a closed economy, the supply of goods and services must be equal to:

A. consumption. B. consumption + investment. C. consumption + investment + government purchases. D. consumption + investment + government purchases ? taxes.