Government transfer payments include which of the following?
A) interest on the national debt
B) grants to state and local governments
C) Social Security and Medicare programs
D) national defense
Answer: C
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Since 1948, the history of real wage rates generally shows that
a. prices and wages have risen at the same rate. b. prices have risen at a slower rate than wages. c. prices have risen faster than wages. d. real wages have remained constant over the period.
Which of the following reasons offered for why crime fell in the 1990s does the Brennan Center suggest had no impact?
A. Longer effective sentences B. Higher rates of incarceration C. The increase in the number of police D. The increased use of gun buyback programs
In Macroland autonomous consumption equals 100, the marginal propensity to consume equals 0.75, net taxes are fixed at 40, investment is fixed at 50, government purchases are fixed at 150, and net exports are fixed at 20. The slope of the aggregate expenditures model line is
A. 0.75. B. 0.25. C. 320. D. 290.
What four basic functions does the entrepreneur perform for the economy?
Please provide the best answer for the statement.