Most of the National debts is "dead weight" in ...
Most of the National debts is "dead weight" in the sense that is___
Bound to increase from year to year
Accumulated as the result of past capital investment
The responsibility of the treasury
Not covered by any real asset
Correct answer is D
Dead weight is a debt that is incurred to meet current needs without the security of an enduring asset. It is usually incurred by the government.
A major determinant of the demand for a luxury good is____________? ...
One of the reasons why Nigeria is a mono-economy is because of her _______ ...
One of the assumptions of ordinal utility in consumer behaviour is that ...
Middlemen in an economy perform the function of ...
The labour force of a country best describes ...
The law of diminishing marginal utility state that, the more a commodity is consumed the ...
In a normal (typical) demand schedule, the quantity demand is? ...
The most common type of business in West African countries is ...
If the economy of the country is operating at X, the implication is that ...