What is the largest category in local government spending?

A. education
B. public welfare
C. health and hospitals
D. fire protection


Answer: A

Economics

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Supply can shift due to changes in price.

Answer the following statement true (T) or false (F)

Economics

If a country is importing more than they are exporting, the current account will have a ________ balance and the capital and financial account will have a ________ balance

A) negative; positive B) negative; negative C) positive; negative D) positive; positive

Economics

Is an efficient market allocation fair? Explain.

What will be an ideal response?

Economics

What is convergence hypothesis? Why should we expect convergence in the long run?

What will be an ideal response?

Economics