If the government owes $10.0 trillion and then borrows $700 billion more this year, this leads to
What will be an ideal response?
a debt of $10.7 trillion and a deficit of $700 billion.
Economics
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The faster an automobile is driven (speed), the lower the miles per gallon (mpg) for that automobile. Given this information, we say that an automobile's speed and mpg have
A) a direct relationship B) an inverse relationship C) a linear relationship D) a maximum relationship
Economics
As output increases, the slope of the curve showing the firm's average fixed cost is
A) first negative, then positive. B) first positive, then negative. C) always negative. D) always positive.
Economics