Restructuring social security benefits might stimulate economic growth; however, we must consider the cost of this action, which is
a. adequate benefits for everyone except those who originally needed social security
b. an increased burden on other social programs such as food stamps
c. a reduction in saving
d. a reduction in other governmental programs
e. a movement of the production function to the left
B
Economics
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Currently, the U.S. national income and product accounts (NIPA) use what type of price index to calculate real GDP?
A) Fixed-weight B) Variable-weight C) Chain-weight D) Heavy-weight
Economics
In economics, "demand" refers to
A) the intensity of desire for a good. B) the amount of a good people need rather than the amount they want. C) the satisfaction a good will provide a person. D) how much of a good people will buy at any price during a given time period.
Economics