In England, a system of established markets, the market overt and fairs, had been established. The purpose was to
(a) provide an organized means for the exchange of produced goods or movable property such as livestock.
(b) allow government officials to inspect the quality of the goods and regulate business activities.
(c) provide for the legal transfer of title when chattel goods changed hands between buyers and sellers.
(d) apply all of the above.
(d)
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Does the term "mandatory spending" mean that spending must go on forever?
A) Yes, Congress has no right to change these spending programs. B) Yes, the laws which authorized this spending cannot be changed. C) No, once appropriated, spending is for the life of the program only or until it changes. D) Yes, once appropriated, spending is indefinite.
In which of the following categories has spending as a percentage of GDP generally declined since the 1960s?
a. National defense b. Health and Medicare c. Social Security d. Community and regional development