Suppose that the federal debt in 2020 is $15 trillion. If interest rates remain at the 2016 level of 1.5%, find the annual interest payment on the debt. How much does the interest payment change with a 0.3-point increase in the interest rate? g

How will firms solve the problem of an economic surplus a. decrease prices to the market equilibrium price b. decrease prices so they are below the market equilibrium price c. increase prices

Any point on a country's production possibilities frontier represents a combination of two goods that an economy:

Garfield corporation is considering building a new plant in canada. it predicts sales at the new plant to be 50,000 units at $5.00/unit. below is a listing of estimated expenses. category total annual expenses % of annual expense that are fixed materials $50,000 10% labor $90,000 20% overhead $40,000 30% marketing/admin $20,000 50% a canadian firm was contracted to sell the product and will receive a commission of 10% of the sales price. no u. s. home office expenses will be allocated to the new facility. the contribution margin ratio for garfield corporation is