In recent years, redistribution has been the fastest growing category of federal government outlays

a. True
b. False

A

Economics

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Suppose the following situation exists for an economy: Kt+1/N < Kt/N. Given this information, we know that

A) saving per worker equals depreciation per worker in period t. B) saving per worker is less than depreciation per worker in period t. C) saving per worker is greater than depreciation per worker in period t. D) the saving rate fell in period t. E) none of the above

Economics

What is the fallacy of composition? Give an economic and a non-economic example

Please provide the best answer for the statement.

Economics