What is the second-largest federal spending category?
a. defense
b. transfer payments
c. interest payments
d. state and local grants
a. defense
Economics
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If price is equal to average variable cost, a perfectly competitive firm breaks even
Indicate whether the statement is true or false
Economics
If the Fed wishes to maintain its interest rate target in the face of increased money demand it would likely
a. increase the money supply. b. decrease the money supply. c. more stringently enforce already existing banking regulations. d. propose new banking regulations. e. become more lax when it enforces already existing banking regulations.
Economics