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What is the relationship between the gross public debtLOADING... and the net public​ debt?A.The net public debt only included government debt held by the public.B.The gross public debt is equal to the net public debt plus current deficits or less budget surpluses.C.The net public debt only includes government debt held by domestic institutions and individuals.D.The gross public debt does not include government debt held by​ inter-governmental agencies.

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Which statement describes the neoclassical perspective?In the neoclassical perspective, aggregate demand will determine output at potential GDP, unemployment is determined by the natural rate of unemployment churned out by the forces of supply and demand in the labor market, and shifts in aggregate supply are the primary determinant of changes in the price level.In the neoclassical perspective, aggregate supply will determine output at potential GDP, unemployment is determined by the natural rate of unemployment churned out by the forces of supply and demand in the labor market, and shifts in aggregate demand are the primary determinant of changes in the price level.In the neoclassical perspective, aggregate supply will determine output at potential GDP, unemployment is determined by the natural rate of unemployment churned out by the forces of supply and demand in the labor market, and shifts in aggregate supply are the primary determinant of changes in the price level.In the neoclassical perspective, aggregate demand will determine output at potential GDP, unemployment is determined by the natural rate of unemployment churned out by the forces of supply and demand in the labor market, and shifts in aggregate demand are the primary determinant of changes in the price level.

Refer to the table. What is net exports?Total income- $5731Household purchases of durable goods- $1108Household purchases of nondurable goods- $702Household purchases of non-education services- $203Household purchases of education services- $302Household purchases of new housing- $816Purchases of capital equipment- $333Inventory changes- $75Purchases of new structures- $267Depreciation- $401Local government spending on goods and services- $236State government spending on goods and services- $419Federal government spending on goods and services- $1182Transfer payments- $707Foreign purchases of domestically produced goods- $217Domestic purchases of foreign goods- $1291.$1062.-$883.$954.$88

In the neoclassical model, the AS curve shifts to the right over time as_______________________ and potential GDP expands.the macroeconomy adjusts back to real GDPproductivity increasesthe level of real output dropsaggregate demand increases

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