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 103 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!

Animal_Goddess

  • Member
  • Posts: 339
Reply 3 on: Yesterday
Great answer, keep it coming :)

« previous next »
 

Did you know?

All adults should have their cholesterol levels checked once every 5 years. During 2009–2010, 69.4% of Americans age 20 and older reported having their cholesterol checked within the last five years.

Did you know?

In 2010, opiate painkllers, such as morphine, OxyContin®, and Vicodin®, were tied to almost 60% of drug overdose deaths.

Did you know?

Many people have small pouches in their colons that bulge outward through weak spots. Each pouch is called a diverticulum. About 10% of Americans older than age 40 years have diverticulosis, which, when the pouches become infected or inflamed, is called diverticulitis. The main cause of diverticular disease is a low-fiber diet.

Did you know?

Asthma attacks and symptoms usually get started by specific triggers (such as viruses, allergies, gases, and air particles). You should talk to your doctor about these triggers and find ways to avoid or get rid of them.

Did you know?

More than 150,000 Americans killed by cardiovascular disease are younger than the age of 65 years.

The comet Ikeya-Zhang exhibiting a bright, condensed coma (March 2002) The comet Ikeya-Zhang exhibiting a bright, condensed coma (March 2002)
Results from sequential study of two cohorts tested at three ages and at three different points in t Results from sequential study of two cohorts tested at three ages and at three different points in t
This map shows the percentage of Protestants by state in Germany. When compared to the previous map This map shows the percentage of Protestants by state in Germany. When compared to the previous map
Chuck Close, Stanley II, detail. 1980–81. Chuck Close, Stanley II, detail. 1980–81.
Portrait of Typical 12-year-old Boy and Girl, 1981 and 2007-2009 Portrait of Typical 12-year-old Boy and Girl, 1981 and 2007-2009
Percentage of youth age 15 to 19 years with at-risk levels of body composition & fitness Percentage of youth age 15 to 19 years with at-risk levels of body composition & fitness
Video: Glycolysis Animation

For a complete list of videos, visit our video library