The government uses the buying power of wages rather than face value or nominal value in reporting changes in "real wages" in the economy.

If no foreign residents owned any of the U.S. public debt, then it would be true that

A) U.S. residents would essentially owe the public debt to themselves. B) there would be no distributional consequences associates with he public debt. C) there would be no interest payments on the public debt. D) the public debt would naturally disappear over time.

What is the current WTO policy regarding environmental standards and trade?

What will be an ideal response?