Media reports often suggest that the increasing public debt is a burden on future generations. What they mean is that
A. it reduces the current level of investment.
B. it reduces both nominal and real interest rates.
C. it makes predicting future unemployment levels unpredictable.
D. it causes deflation.
Answer: A
Economics
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If net exports are negative,
A) net foreign investment is positive. B) capital inflows must be less than capital outflows. C) net foreign investment is also negative. D) Both A and B are correct.
Economics
If Babette's Bicycle shop can rebuild three bicycles for $200 and four bicycles for $240, then the average variable cost of four bicycles
a. equals $40 b. cannot be determined without more information c. equals $60 d. equals $240 e. equals $10
Economics