Which of the following U.S. Treasury securities represents ownership of the national debt?

a. Bonds owned by the banks and insurance companies.
b. Bonds owned by private individuals.
c. Bonds owned by foreigners.
d. All of these.

d

Economics

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If the hot dog vendors at Yankee Stadium are earning a producer surplus on each hot dog they sell, then baseball fans cannot be gaining any consumer surplus on the hot dogs they buy

Indicate whether the statement is true or false

Economics

In 2003, the per-capita income in China was roughly ________ of that in the U.S

A) one hundredth B) one eighth C) one half D) the same as E) one twentieth

Economics