Which of the following is the largest category of federal government expenditures?
A) transfer payments B) grants to state and local governments
C) interest on the debt D) defense spending
A
Economics
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The housing cycle generally lasts 5 to 10 years and is also known as the Schumpeter cycle
Indicate whether the statement is true or false
Economics
Consider a town with three residents. The residents' demand curves for various acres of a public park are shown below.
Suppose the town can purchase land for the park at a cost of $20 per acre. The optimal park size would be ________ acres.
A. 4 B. 8 C. 6 D. 2
Economics