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.
The sum of items divided by the number of items is the ...
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For a firm to break even in the long run, the marginal cost curve must cut the ...
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A country is economically rich if ...
Scale of preference is important for the following reasons except in ...
From the table above, the average product of the 3rd unit of labour is ...
The excess of aggregate expenditure over full employment level of output is referred to as ...