The largest component of federal government spending is for

A) Medicare and Medicaid.
B) interest on the national debt.
C) prisons.
D) national defense.
E) education.

A

Economics

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Empirical studies show that countries with low standards are very successful at attracting foreign investment

Indicate whether the statement is true or false

Economics

You just bought a $1,000 bond that is scheduled to mature in ten years. If interest rates rise during the next six months, the market value (or price) of your bond will

a. increase. b. decrease. c. remain unchanged. d. increase or decrease, depending on the marginal tax bracket you are in.

Economics