Which of the following is considered government spending on security?
a. Social Security payments to retired police officers
b. Social Security payments to disabled firefighters
c. public assistance for the poor
d. wage payments to astronauts
e. wage payments to prison guards
E
You might also like to view...
A market demand curve can be constructed by
A) adding the prices all consumers will pay for any given quantity. B) adding the quantities that all consumers buy at each price. C) adding the quantities that a consumer buys at the highest price. D) None of the above answers is correct.
Which of the following purchases is most likely to rise as the result of a temporary tax cut, according to the permanent-income hypothesis?
A) television sets and other consumer durables B) steak dinners and other consumer non-durables C) trips to the Virgin Islands and other vacation destinations D) theater tickets and other entertainment expenditures
The difference between the nominal rate of interest and the real rate of interest is
A) handling charges. B) government regulatory charges. C) administrative overhead charges. D) the anticipated rate of inflation.
As the price of a product rises, the quantity supplied decreases.
Answer the following statement true (T) or false (F)