The total value of U.S. Treasury bonds outstanding equals
A) the federal government deficit. B) the cyclically adjusted budget deficit.
C) the federal government surplus. D) the federal government debt.
D
Economics
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As a firm expands its output, cost per unit of output (average cost) decreases and then increases. Average cost and output have
A) a relationship with a minimum. B) a relationship with a maximum. C) no relationship. D) a linear positive relationship.
Economics
According to Michael Kremer, at which population should technological progress be most rapid?
a. 100 million b. 500 million c. 1 billion d. 7.4 billion
Economics