Answer:
The public debt as a percentage of GDP in the United States, reached its lowest point in recent decades, in 2001, when it represented 54.9% of GDP.
After that year, this indicator began to increase, at first slowly, and from 2007 on very rapidly, propelled in part by the financial crisis. In 2010, the public debt as percentage of GDP was 89.3%.
The income effect because you’ll gain more money personally and the substitution effect is about everybody in the building getting a “fair share”.
Answer:
The answer is "Option C".
Explanation:
If options of different retained earnings are assessed, it must use the corresponding annual cost method for drawing a concrete conclusion. As per the task, which is defined in the attached file please find it.
Answer:
A. Output is being produced at minimum cost- is correct
Explanation:
When an isocost line is tangent to an isoquant cost is being minimized