In 2015, the U.S. gross national debt was _____

a. about $1 million
b. about $1 billion
c. $1 trillion
d. $3 trillion
e. about $18 trillion

e

Economics

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The percentage of deposits that banks must hold in reserve is the

A) excess reserve ratio. B) required reserve ratio. C) total reserve ratio. D) currency ratio.

Economics

In the "Prisoners' Dilemma" game: a. When the prisoners follow their dominant strategy and confess, both will be better off than if both had remained silent. b. a player would be better off if he did not confess and the other player confessed

c. a player would be better off if he confessed when the other player also confessed, but not if the other player did not confess. d. None of the above is true.

Economics