A federal law is enacted that mainly benefits one political district, but the costs of this legislation will be spread over the entire country. Which of the following terms describes this situation?

According to the U.S. Secret Service, approximately $2.6 billion of U.S. paper currency in circulation is counterfeit. Undetected counterfeit U.S. currency being held by the public both at home and abroad will impact the level of

A) M1. B) the money multiplier. C) the reserve ratio. D) commodity money.

Since the Social Security system began in the 1930s, the number of workers per retiree

A) has stayed roughly the same. B) has declined. C) has risen. D) declined through 1960 and has risen ever since.