Measured as a share of the economy, total government expenditures:
A. have been between 10 and 15 percent of the U.S. economy since 1930.
B. have been between 20 and 25 percent of the U.S. economy since 1930.
C. rose from less than 10 percent in 1929 to about 35 percent currently.
D. declined from more than 50 percent in 1929 to approximately 25 percent currently.
Answer: C
Economics
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Which of the following equations represents investment spending in a closed economy?
a. I = Y + C – G b. I = Y – C – G c. I = Y – C + G d. I = Y/ (C – G)
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One type of explicit price-fixing is known as price leadership.
Answer the following statement true (T) or false (F)
Economics