Mandatory spending makes up

A. well over half of all spending.
B. well under half of all spending.
C. just under exactly half of all spending.
D. just over half of all spending.

Answer: A

Economics

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Congress and the president are the key decision makers for U.S. monetary polic

a. true b. false

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The figure above shows Clara's demand for CDs. If the price of a CD were to increase from $15 to $25, Clara's total consumer surplus for all the CDs she buys would

A) decrease by $40. B) remain unchanged. C) decrease by $90. D) increase by $80.

Economics