Which of the following is an example of state spending?

a. the state police who stopped to assist you when you had a flat tire
b. the state campground where your family vacations
c. state water quality inspections
d. all of the above

Ans: d. all of the above

Economics

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Social Security payments are examples of

A) transfer payments. B) nondurable goods. C) durable goods. D) services.

Economics

On the 45-degree line diagram, for points that lie above the 45-degree line

A) planned aggregate expenditure is less than GDP. B) planned aggregate expenditure is greater than GDP. C) planned aggregate expenditure is equal to GDP. D) planned aggregate expenditure is less than aggregate income.

Economics