A vast majority of mandatory federal spending is devoted to
A) entitlement programs.
B) national defense.
C) interest on the national debt.
D) foreign aid.
A
Economics
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_____ is the theory that was popular before _____ changed the face of economics post Great Depression in the 1930s
a. Classical economics; Milton Friedman b. Keynesian economics; Monetarists c. Classical economics; Keynes d. Monetarist economics; Adam Smith e. Keynesian economics; Milton Friedman
Economics
The product-variety externality and the business-stealing externality are both spillover costs of new firms entering a monopolistically competitive market
a. True b. False Indicate whether the statement is true or false
Economics