(03.07 HC)Use the data table to answer the question that fol…

(03.07 HC)Use the data table to answer the question that follows. Recall that opportunity cost is not a comparison between countries but rather a calculation of what one country would give up producing to produce something else. Production Possibilities for One Year Cheese (millions of tons) Tomatoes (millions of tons) United States 4 2 Italy 1 1 Which statement is supported by the data table?

(03.03 MC)Imagine the federal government has a national debt…

(03.03 MC)Imagine the federal government has a national debt of $12.6 trillion. Congress’s budget for the coming year includes a spending projection of $5.1 trillion. Tax revenue is expected to be $4.8 billion. Which of the following fiscal policies would Congress have to adopt to maintain spending levels without increasing the debt?

(02.03 MC)A business is doing well, and the owners think tha…

(02.03 MC)A business is doing well, and the owners think that with more funding it can become a recognized brand worldwide. To meet this goal of global expansion, the owners are willing to offer a portion of ownership to investors. Which organizational structure should they consider changing to for the business?