The fastest-growing part of the federal budget is
A) national defense.
B) payments for services rendered.
C) entitlements.
D) government salaries.
C
Economics
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In the figure above, the Lorenz curve that shows the richest 20 of households percent receiving 60 percent of all income is
A) curve A. B) curve B. C) curve C. D) curve D.
Economics
The action of arbitrage is
A) the process of buying a currency cheap and selling it dear. B) the process of buying a currency dear and selling it cheap. C) the process of buying and selling currency at the same price. D) the process of selling currency at different prices in different markets. E) the process of buying a currency and holding onto it to take it off the market.
Economics