In 2015, the U.S. gross national debt was _____. a. about 1 ...

[neverstopbelieb]

In 2015, the U.S. gross national debt was _____.
 a. about 1 million
  b. about 1 billion
 c. 1 trillion
 d. 3 trillion
 e. about 18 trillion

Question 2

If the inflation rate in an economy is 5 percent and the income earned by workers increases by 5 percent, then _____.
 a. nominal income declines and real income increases
 b. both nominal income and real income increase by 5 percent
 c. nominal income increases and real income declines
 d. both nominal income and real income decrease by 5 percent
 e. nominal income increases by 5 percent and real income is unchanged

[emily12345]

Answer to Question 1

e

Answer to Question 2

e