The majority of spending in the category of government purchases comes from
A) transfer payments. B) the federal government.
C) state and local governments. D) military spending.
C
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In the United States the system most generally used for assigning tasks and distributing benefits
A) employs continuing bids and offers among individuals. B) operates without the use of money prices. C) presupposes shifting and uncertain property rights or "rules of the game." D) takes the place of the supply-and-demand process. E) was designed by the authors of the Federal Constitution.
If your professor decided to give all of his students the highest grade in the class, would that affect your classmates' incentives to study?
What will be an ideal response?
The U.S. Health Resources and Services Administration (HRSA) forecasts that in 2020
A) the number of doctors in the United States will decrease and the number of doctors needed will increase. B) there will be a surplus of doctors in the United States. C) there will be a shortage of doctors in the United States. D) the number of doctors in the United States will increase and the number of doctors needed will decrease.
Of the following high-income countries, which has the highest female life expectancy at age 65?
A) Canada B) Japan C) the United Kingdom D) the United States