Alternating periods of economic expansion and recession are known as the:

Which of the following expenditures is classified as a discretionary expenditure of the U.S. federal government?

A) federal employee pensions B) student loans and grants C) Social Security D) food stamps

Ham and eggs are complements. If the price of ham rises, the demand for eggs will

A) increase or decrease but the demand curve for ham will not change. B) decrease and the demand curve for ham will shift rightward. C) not change but there will be a movement along the demand curve for eggs. D) decrease and the demand curve for eggs will shift leftward.