The federal budget deficit acts as an automatic stabilizer because
A) Medicaid payments increase during expansionary periods.
B) unemployment insurance payments decrease during a recession.
C) food stamp payments increase during expansionary periods.
D) government tax revenues decrease during a recession.
D
Economics
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In a classic administrative snafu, the Army assigns trained classical musicians to kitchen duty and places trained cooks in the military band. This is an example of inefficiency in
a. output selection. b. production planning. c. product distribution. d. market segmentation.
Economics
Nominal increases take into account inflation adjustments over a period of time.
Answer the following statement true (T) or false (F)
Economics