If one subtracts the amount of bonds held by agencies of the federal government and the Federal Reserve from the national debt, what remains is known as the

a. external debt.
b. privately held government debt.
c. trade deficit.
d. budget deficit.

B

Economics

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Essential components of a game include all of the following except:

a. players b. payoffs c. actions d. an information set e. cooperation

Economics

Crony capitalism is present when

a. businesses are either implicitly or explicitly prohibited from making donations to political candidates. b. businesses either implicitly or explicitly provide political decision-makers with contributions and other forms of political support in "exchange" for government favors that will improve their profitability. c. rule of law is present and government officials treat all citizens alike. d. government officials spend taxpayer funds only on productive projects.

Economics