The largest category of federal government spending is growing because

a. the U.S. must spend more on national defense due to the war against terror.
b. the elderly population is increasing due to rising life expectancies.
c. expenditures on space exploration have increased dramatically.
d. expenditures on school voucher programs have increased dramatically.

b

Economics

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One of the obstacles to efficiency is monopoly

Indicate whether the statement is true or false

Economics

A minimum wage law is predicted to produce

a. higher unemployment among young and inexperienced workers. b. higher unemployment among all workers. c. lower unemployment among young and inexperienced workers. d. increased hiring of young and inexperienced workers.

Economics