Refer to the scenario above. What is the future value of Wendy's deposit after one year?

Suppose the economy experiences a recessionary gap. Policymakers who believe that government is too big would favor which of the following policies to close the gap?

A) decreases in transfer payment B) decreases in income tax rates C) increases in government purchases D) increases in interest rates

Forecasts by the Congressional Budget Office show spending on Social Security, Medicare,

and Medicaid rising from 10.1 percent of GDP in 2015 to ________ percent of GDP in 2090, and by 2090 the federal government will be spending, as a fraction of GDP, ________ on these three programs as it currently spends on all programs combined. A) 16.2 percent; half as much B) 19.8 percent; half as much C) 19.8 percent; nearly as much D) 16.2 percent; nearly as much