Which of the following categories constitutes the majority of federal outlays in 2016?
a. National defense
b. Interest on the federal debt
c. Social Security, Medicare, and welfare
d. Grants to states and localities
e. Capital expenditures
c
Economics
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Answer the following questions true (T) or false (F)
1. A decrease in liabilities will reduce a firm's accounting profit. 2. Economic profit is the difference between a firm's revenue and its opportunity costs. 3. An increase in liabilities will reduce a firm's net worth.
Economics
What are the types of training that police officers receive and what are their purposes?
What will be an ideal response?
Economics