Which of the following categories of federal spending is the largest in the United States?
A) interest on federal debt
B) mandatory spending
C) discretionary spending
D) national defense
B
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The completion of a degree or course of study is a good labor market signal
A) only if what is learned in that educational process relates directly to the job the individual is being considered for. B) only if there is a positive correlation between academic success and wage income. C) primarily because individuals develop good habits in college that serve them well in other areas later on. D) because all individuals have the opportunity (in the United States) to pursue higher education. E) because people who possess the traits that make them more productive in the workplace have an easier time completing an education than those who don't.
Which of the following variables do not change autonomous consumption?
a. Demographics b. Taxation c. Expectation d. Wealth e. Disposable income
You are thinking of buying a 10-year bond on the secondary bond market. The face value of the bond is $10,000 . the interest rate is 5 percent (0.05) per year, and the bond was issued exactly eight years ago. What is the value of the bond today?
a. $5,295.43 b. $9,070.30 c. $10,000.00 d. $20,000.00 e. $100,000.00
If the variable on the vertical axis increases by 24 and the variable on the horizontal axis decreases by 3, the slope of the line is:
A. -24. B. -8. C. 3. D. 72.