Since 1960, the biggest gain in its share of federal outlays has been in
a. income redistribution
b. defense spending
c. net interest
d. infrastructure
e. all other outlays
A
You might also like to view...
How is the separation of ownership from control related to the principal-agent problem?
What will be an ideal response?
In a perfectly competitive market,
a. no one seller can influence the price of the product. b. price exceeds marginal revenue for each unit sold. c. average revenue exceeds marginal revenue for each unit sold. d. All of the above are correct.
The largest merger in banking and finance history was between
A. Crossland Savings and Metropolitan Savings. B. Chase Bank and Chemical Bank. C. Chase Manhattan and J.P. Morgan. D. Travelers and Citicorp.
A price floor that is set above market equilibrium will cause
A) an excess quantity demanded. B) a shortage. C) a surplus. D) queuing on the part of consumers.