Over the past half-century, government transfer payments have increased. As a result ________
A) interest payments on government debt have declined
B) government expenditures have become a larger portion of GDP
C) the volatility of investment expenditures has declined
D) net exports have been positive in most years
E) none of the above
E
Economics
You might also like to view...
Which of the following would decrease the size of a federal budget deficit?
a. A recession b. An increase in defense spending c. An increase in the use of automatic stabilizers d. An increase in taxes e. An increase in transfer payments
Economics
What function is money serving when you use it when you go shopping?
A. A store of value B. A unit of account C. A medium of deferred payment D. A medium of exchange
Economics