Which of the following is true?
a. The federal budget deficit is a flow and so is the national debt.
b. The national debt is both a stock and a flow.
c. The federal budget deficit is a stock and the national debt is a flow.
d. The federal budget deficit is a flow and the national debt is a stock.
e. The federal budget deficit is a stock and so is the national debt.
D
Economics
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The population of the United States grew _____ during the first half of the 19th century
a. slowly b. erratically c. about 3 percent per year d. about 6 percent per year
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If the price of labor is constant and a firm experiences diminishing marginal product, then its
A. average variable cost increases. B. fixed costs increase. C. marginal costs decrease. D. total costs decrease.
Economics