As a percentage of GDP, federal expenditures ________ from 1950 to the early 1990s, ________ from 1992 to 2001, and have ________ since 2001

A) rose; rose; fallen B) fell; rose; fallen C) rose; fell; risen D) fell; fell; risen

C

Economics

You might also like to view...

What was(were) the effect(s) of the Enron Bankruptcy in late 2001 and other corporate scandals in 2002?

A) An ensuing lack of confidence in financial accounting. B) The value of corporate bonds declined. C) It became more expensive for firms to finance their investments. D) all of the above E) none of the above

Economics

Suppose the total cost of producing T-shirts can be represented as TC = 50 + 2q. The marginal cost of the 5th T-shirt is

A) 2. B) 10. C) 12. D) 60.

Economics