The income per capita of two neighboring countries for a particular year were equal. However, Country 1 had a higher income per worker than Country 2. Which of the following is likely to be true?
A) The number of people unemployed is lower in Country 1 than in Country 2.
B) The number of children aged below 15 is higher in Country 2 than in Country 1.
C) The number of retired people is higher in Country 2 than in Country 1.
D) The number of people employed is higher in Country 2 than in Country 1.
Question 2
The sum of all budget deficits and surpluses is known as the
A) government expenditure. B) budget balance.
C) fiscal year. D) government debt.
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A non-interest-bearing five-year note for $54600.00 issued May 1, 2015, is discounted April 1, ...