Which of the following is NOT a transfer payment?
A) Medicare
B) Social Security retirement payments
C) Social Security disability payments
D) spending on national defense
D
Economics
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Which of the following questions is a macroeconomic issue?
A) How many more pounds of cookies will a consumer purchase if the price of cookies decreases? B) What effect would a cure for Mad Cow Disease have on the market for beef? C) What is the future growth prospect for an economy? D) How many workers should the owner of a business hire?
Economics
An increase in demand will cause a shortage at the original market price
a. True b. False Indicate whether the statement is true or false
Economics