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 140 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
Wow, this really help

T4T

  • Member
  • Posts: 348
Reply 3 on: Yesterday
:D TYSM

« previous next »
 

Did you know?

Stevens-Johnson syndrome and Toxic Epidermal Necrolysis syndrome are life-threatening reactions that can result in death. Complications include permanent blindness, dry-eye syndrome, lung damage, photophobia, asthma, chronic obstructive pulmonary disease, permanent loss of nail beds, scarring of mucous membranes, arthritis, and chronic fatigue syndrome. Many patients' pores scar shut, causing them to retain heat.

Did you know?

There are more sensory neurons in the tongue than in any other part of the body.

Did you know?

According to the Migraine Research Foundation, migraines are the third most prevalent illness in the world. Women are most affected (18%), followed by children of both sexes (10%), and men (6%).

Did you know?

There are 20 feet of blood vessels in each square inch of human skin.

Did you know?

Bacteria have flourished on the earth for over three billion years. They were the first life forms on the planet.

This chart illustrates the bottom up assumption about government. In this, attitudes, culture, and This chart illustrates the bottom up assumption about government. In this, attitudes, culture, and
Annual Federal Deficit (or Surplus), 1992–2016 Annual Federal Deficit (or Surplus), 1992–2016
Top Prescriptions for Children Under 17 Years of Age (2002–2010) Top Prescriptions for Children Under 17 Years of Age (2002–2010)
Government Corruption versus GDP per Capita, 2009 Government Corruption versus GDP per Capita, 2009
Government in America: People, Politics, and Policy, AP Government in America: People, Politics, and Policy, AP
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.
Video: DNA Replication Factory and Protein

For a complete list of videos, visit our video library