As a percentage of total expenditures, spending on highways has _____ since 1970 . Spending on interest payments has _____ over the same time span

a. increased; increased
b. decreased; decreased
c. increased; decreased
d. decreased; increased

d

Economics

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The returns to scale of the production function Q = 50 L0.4 K0.2 are

A) 50. B) .6. C) .8. D) 500.6.

Economics

Which welfare program allows the working poor to receive income refunds that can be greater than the taxes they paid during the last year?

a. SSI b. TANF c. EITC d. Medicaid

Economics