The largest component of U.S. federal spending that contributes to the U.S. government budget deficit is
A) entitlements.
B) military spending.
C) interest expenses.
D) salaries of government employees.
A
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Which of the following defines economics? Economics is the social science that studies ___________
A. the best way of eliminating scarcity B. the choices made to cope with scarcity, how incentives influence those choices, and how the choices are coordinated C. how money is created and used D. the inevitable conflict between self-interest and the social interest
How does the construction of a market demand curve for a private good differ from that for a public good?
A) There is no difference; in both cases the demand curve is determined by adding up the price each consumer is willing to pay for each quantity of the good. B) The market demand curve for a private good is determined by adding up the price each consumer is willing to pay for each quantity of the good but the market demand curve for a public good is determined by adding up the quantities demanded by each consumer at each price. C) There is no difference; in both cases the demand curve is determined by adding up the quantities demanded by each consumer at each price. D) The market demand curve for a private good is determined by adding up the quantities demanded by each consumer at each price but the market demand curve for a public good is determined by adding up the price each consumer is willing to pay for each quantity of the good.
According to research by Bertrand and Mullainathan, which job applicants, those with "white" names or those with "black" names, received more calls from interested employers? What percent more?
Which of the following types of investments is the least volatile?
A. housing investment B. inventory investment C. plant and equipment investment D. all of the above are equally volatile