Government spending that changes automatically without action by Congress is
A) a noncontrollable expenditure.
B) national defense.
C) payments to contractors for routing services performed.
D) discretionary payments.
A
Economics
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Looking at inflation rates in the United States since the 1970s we see that
A) inflation fell the most during the 1970s productivity slowdown. B) the highest inflation rates were the double digits during the 1990s. C) the inflation rate increased with the increased growth of the 1990s. D) the 1970s experienced the highest inflation rates.
Economics
If a detrimental externality is being produced in the course of producing a good, then
A. P > MSC. B. MSC < MPC. C. incidental costs are negative. D. output is inefficiently large.
Economics