After 1970, the share of federal spending allocated to national defense:
a. declined sharply, while the share allocated to income security increased substantially.
b. rose sharply, while the share allocated to income security declined substantially.
c. was relatively constant, while the share allocated to income security declined modestly.
d. declined modestly, while the share allocated to income security was relatively constant.
a
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Resource use is allocative efficient
A) when it is not possible to produce more of one good. B) when we produce goods and services that we value most highly. C) when most resources are fully employed. D) at any point on the PPF. E) at all points either on or within the PPF because all these production points are attainable.
Over a twenty-five year period, about half of the merger acquisitions are split up
Indicate whether the statement is true or false