Which of the following categories accounted for the largest percentage of total federal government expenditures in recent years?
a. National defense
b. Education and health
c. Income security
d. Interest on the national debt
c
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The U.S. trade deficit has been mainly caused by:
A. unfair trade restrictions imposed by other countries on imports. B. production of inferior goods in the U.S. C. cheap labor in other countries. D. a low rate of national saving.
The most rapid expansion in the use of electricity was in the period from
A. 1900-1910. B. 1910-1920. C. 1920-1930. D. 1930-1940.
Which of the following topics is not a part of a typical scenario plan?
a. Expected changes in country infrastructure. b. Expected changes in labor-management relations. c. Expected changes in government intervention and regulations. d. Expected changes in budgets and capital budgeting projects. e. Expected changes property rights, tax policies, and risks.
The demand curve for money shows the quantity of money demanded at each interest rate, all other things unchanged.
a. true b. false