The largest single portion of the federal budget is devoted to
a. National defense.
b. Medicare and Medicaid.
c. Social Security and unemployment compensation.
d. Education.
e. Interest payments on the national debt.
c
Economics
You might also like to view...
At the natural unemployment rate, there is no
A) frictional unemployment. B) structural unemployment. C) cyclical unemployment. D) unemployment.
Economics
A production subsidy combined with free trade
A) has the same deadweight costs as a tariff. B) has only consumption deadweight costs. C) has only production deadweight costs. D) None of the above.
Economics