Which of the following is projected to rise from 8.3 percent of GDP in 2009 to about 13 percent by 2035 and about 20 percent in 2080?
a. Defense spending
b. Medicare and Social Security spending
c. interest payments on national debt
d. infrastructure spending
b. Medicare and Social Security spending
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If you buy a put option on Treasury futures at 115, and at expiration the market price is 110, the ________ will ________ exercised
A) call; be B) put; be C) call; not be D) put; not be
What is a synergy or cost complementarity?
a. the cost of producing different products offered by separate companies would be more expensive when produced by one company b. the cost of producing different products offered by separate companies is higher than when produced by one company c. the cost of producing different products offered by separate companies is equal to when the products are produced by one company d. None of the above
When interest rates rise, the quantity demanded of money held for the:
a. speculative motive rises. b. precautionary motive rises. c. transactions motive falls. d. precautionary motive falls. e. speculative motive falls.
Which of the following is true for a market that clears?
a. An excess supply of anything traded will lead to a fall in its price. b. An excess demand of anything traded will lead to a fall in its price. c. An excess supply of anything traded will lead to a rise in its price. d. An excess demand of anything traded will not lead to a price change. e. A high price will lead to a high demand.