This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: The federal government debt as a percentage of GDP fell A) from 1980-1992. B) from 2002-2007. ... (Read 112 times)

Jipu 123

  • Hero Member
  • *****
  • Posts: 569
on: Jun 29, 2018
The federal government debt as a percentage of GDP fell
 
  A) from 1980-1992.
  B) from 2002-2007.
  C) during the Great Depression.
  D) during World War I and World War II.
  E) from 1998-2001.

Question 2

Comment on the following statement: Firms should maximize the difference between marginal revenue and marginal cost.
 
  What will be an ideal response?


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

chreslie

  • Sr. Member
  • ****
  • Posts: 307
Reply #1 on: Jun 29, 2018
Answer to Question 1

E

Answer to Question 2

The statement is false. Firms should maximize profit, which is the difference between total revenue and total cost. At the profit-maximizing level of output, marginal revenue is equal to marginal cost.


Jipu 123

  • Member
  • Posts: 569
Reply 2 on: Jun 29, 2018
Gracias!

  • Member
  • Posts:
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

« previous next »
 

Did you know?

Although not all of the following muscle groups are commonly used, intramuscular injections may be given into the abdominals, biceps, calves, deltoids, gluteals, laterals, pectorals, quadriceps, trapezoids, and triceps.

Did you know?

The lipid bilayer is made of phospholipids. They are arranged in a double layer because one of their ends is attracted to water while the other is repelled by water.

Did you know?

It is believed that the Incas used anesthesia. Evidence supports the theory that shamans chewed cocoa leaves and drilled holes into the heads of patients (letting evil spirits escape), spitting into the wounds they made. The mixture of cocaine, saliva, and resin numbed the site enough to allow hours of drilling.

Did you know?

IgA antibodies protect body surfaces exposed to outside foreign substances. IgG antibodies are found in all body fluids. IgM antibodies are the first type of antibody made in response to an infection. IgE antibody levels are often high in people with allergies. IgD antibodies are found in tissues lining the abdomen and chest.

Did you know?

Studies show that systolic blood pressure can be significantly lowered by taking statins. In fact, the higher the patient's baseline blood pressure, the greater the effect of statins on his or her blood pressure.

Dred Scott and his wife and children are featured on the cover of Frank Leslie’s Illustrated Newspap Dred Scott and his wife and children are featured on the cover of Frank Leslie’s Illustrated Newspap
This training vehicle fell from the hoist because the pads were not set correctly. No one was hurt, ... This training vehicle fell from the hoist because the pads were not set correctly. No one was hurt, ...
American Government: Roots and Reform, 2009 Edition American Government: Roots and Reform, 2009 Edition
The constitutional division of Powers Between the National Government and the States The constitutional division of Powers Between the National Government and the States
The 1980 Mount Saint Helens eruption obliterated the community at the base of this Cascade volcano. The 1980 Mount Saint Helens eruption obliterated the community at the base of this Cascade volcano.
Percentage of Full Tryptophan Expression for trpR+ and trpR- Strains Percentage of Full Tryptophan Expression for trpR+ and trpR- Strains
Video: Darwin's Observation (Fossils, Galapagos Islands & Africa ) and Natural Selection (Adaptive Traits)

For a complete list of videos, visit our video library