One Way to Measure National Debt Over Time Is Relative

question 106

Multiple Choice

One way to measure national debt over time is relative to:

• A)the cash flow of the banking system.
• B)the economy's production and income.
• C)credit sales of consumer durables over a year.
• D)national home sales in large cities.
• E)the economy's savings.

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Definitions:

Preconceptions

Ideas or opinions formed before having the evidence for their truth or usefulness.

Crystallized Intelligence

The ability to use skills, knowledge, and experience, which tends to grow stronger with age.

Fluid Intelligence

The capacity to think logically and solve problems in novel situations, independent of acquired knowledge.

Cognition

The way in which information is processed and manipulated in remembering, thinking, and knowing.