Which of the following is the largest component of federal spending today?

A) income security
B) Social Security
C) Medicare
D) national defense

Answer: B

Economics

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Refer to the scenario above. This is an example of a(n) ________

A) extensive-form game B) simultaneous-move game C) zero-sum game D) mixed strategy game

Economics

A central bank commitment to a ________ rule for monetary growth can be conveyed by maintaining a ________ exchange rate

A) rigid, fixed B) rigid, flexible C) flexible, fixed D) non-inflationary, flexible

Economics