Most of the spending by the federal government is for transfer payments and interest
Indicate whether the statement is true or false
T
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Cost-benefit analysts often encounter the problem that those who would benefit from government provision of a public good tend to
a. overstate the benefit they would receive from the public good and those who would be harmed by government provision of a public good tend to overstate the costs they would incur from the public good. b. overstate the benefit they would receive from the public good and those who would be harmed by government provision of a public good tend to understate the costs they would incur from the public good. c. understate the benefit they would receive from the public good and those who would be harmed by government provision of a public good tend to overstate the costs they would incur from the public good. d. understate the benefit they would receive from the public good and those who would be harmed by government provision of a public good tend to understate the costs they would incur from the public good.
A forecaster used the regression equationQt = a + bt + c1D1 + c2D2 + c3D3and quarterly sales data for 1996 I - 2013 IV (t = 1, ..., 64) for an appliance manufacturer to obtain the results shown below. Q is quarterly sales, and D1, D2 and D3 are dummy variables for quarters I, II, and III. 
At the 5 percent level of significance, is there a statistically significant trend in sales?
A. Yes, because 2.14 > 0.05. B. Yes, because 0.700 > 0.05. C. No, because 0.0362 > 0.01. D. Yes, because 0.0362 < 0.05. E. both c and d
If the rate of growth of output is 10% and the rate of growth of per capita real GDP is 6%, what is the rate of growth of population?
A. 2 B. 4 C. 6 D. 8
Table 6.4: Population and Employment in Nationland?199920002001Working Age Population100110125Employed657080Unemployed51020Discouraged Workers235*all numbers are in millionsWhat was the labor force participation rate in Nationland in 2000?
A. 65.0 percent. B. 72.7 percent. C. 72.0 percent. D. 67.0 percent.