During the last three decades, the real (adjusted for inflation) expenditures

a. on Medicare have grown rapidly, but the real expenditures on Medicaid have been virtually constant.
b. on the Medicare program have been virtually constant but the real expenditures on Medicaid have increased substantially.
c. on both Medicare and Medicaid have increased substantially.
d. on both Medicare and Medicaid have been virtually constant.

C

Economics

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Human capital includes investments in education and skills

Indicate whether the statement is true or false

Economics

Who suffers primarily when the federal government has to bail out a financial intermediary through the deposit insurance system?

A) the bank officers B) the taxpayers C) the bank shareholders D) the U.S. Treasury

Economics