Who gets scarce resources in a market economy?
a. the government
b. whoever the government decides gets them
c. whoever wants them
d. whoever is willing and able to pay the price
d
Economics
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In contrast to Argentina in 2001, the United States debt is less of a burden because the U.S. debt is
A. an obligation to pay over a longer period of time. B. owed entirely to U.S. citizens and banks. C. an obligation to pay in domestic currency. D. an obligation to pay in foreign currency.
Economics
To make sure the U.S. President cannot unduly influence the Board of Governors:
A. the terms of the governors are staggered. B. only three governors can be replaced in any one year. C. the law prevents a resident from appointing more than one governor. D. the terms of the governors are ten years long.
Economics