The 2001 recession was caused principally by
A) a slowing in the growth of the money supply.
B) a drop in autonomous consumption spending.
C) a decrease in government spending.
D) a drop in real business investment.
D
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Ninety percent of spending on education happens at the ______________ level.
a. federal b. federal and state c. state d. state and local
In the U.S., the share of taxes ____ during the early years of George W. Bush's presidency and ____ since then
a. decreased; increased somewhat b. decreased; further decreased c. increased; further increased d. increased; decreased somewhat e. increased; remained constant
The real purpose of the Webb-Pomerene Act of 1918 was to alter the terms of trade in favor of the United States
Indicate whether the statement is true or false
Productivity efficiency in saving lives
a. is not possible to today's economy b. is guaranteed in today's economy c. occurs when the economy is saving the maximum possible number of lives d. requires producing on the economy's production possibilities frontier e. occurs where the production possibilities frontier intersects the "lives saved" axis