The fastest-growing areas for state expenditures are
A. Transportation and public safety.
B. Education and welfare.
C. Prisons and welfare.
D. Sewage and trash service.
Answer: C
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Health insurance plans which typically reimburse doctors and hospitals with payment for each service they provide are known as
A) single-health-payer systems. B) health maintenance organizations. C) fee-for-service plans. D) preferred provider organizations.
On which type of unemployment can monetary policy have the most effect? Why?
What will be an ideal response?
Discuss how successful the American Recovery and Reinvestment Act was at increasing real GDP and employment
What will be an ideal response?
Suppose the equilibrium price of bread is $2.00 per loaf. If the government sets a price ceiling of $1.50 per loaf: a. the equilibrium price of wheat will fall and a shortage of wheat will be created. b. the quantity of wheat supplied will increase
c. the quantity of wheat demanded will decrease. d. there will be a shortage of bread.