Suppose the government runs a budget surplus in a given year. It can reduce its overall federal debt by
A) not buying anything on credit. B) forcing a change in net exports.
C) increasing taxes on luxury items. D) buying back bonds it sold to the public.
D
Economics
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Which of the following will NOT increase a worker's human capital?
A) more work experience B) more training C) more schooling D) a higher wage rate
Economics
Average fixed cost is equal to
A) the amount of total cost that does not change as output changes in the short run. B) fixed cost divided by the quantity of output produced. C) average total cost plus average variable cost. D) fixed cost multiplied by the quantity of output produced.
Economics