What is deficit financing?
a. the nation is making more money than it spends.
c. the nation is making less money than it is spending requiring the government to borrow money.
b. the nation is balanced in the budget.
d. the nation is printing more money so they can balance the budget.

Although appealing to more refined tastes, art as a collectible has not always performed so profitably. during 2003, an auction house sold a sculpture at auction for a price of $10,211,500. unfortunately for the previous owner, he had purchased it in 2000 at a price of $12,177,500. what was his annual rate of return on this sculpture? (a negative answer should be indicated by a minus sign. do not round intermediate calculations and enter your answer as