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nickelgurl24 nickelgurl24
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6 years ago
Discretionary spending includes spending on __________.
 
  a. food stamps
  b. Medicaid
  c. Medicare
  d. national defense

Question -2-

Which of the following transactions would be counted in calculating the GDP?
 
  a. a pension payment
  b. a payment to Social Security
  c. the purchase of a new car
  d. the purchase of steel by the Ford Motor Company

Question -3-

According to Figure 16.2 in your text, what is the relationship between unemployment and inflation?
 
  a. The inflation rate is always higher than unemployment.
  b. The inflation rate always increases when unemployment increases.
  c. The inflation rate never declines, regardless of the unemployment rate.
  d. The unemployment rate is generally higher than the inflation rate.

Question -4-

Why has federal spending generally increased over the years?
 
  a. because Democrats in Congress will not cut the defense budget
  b. because of uncontrollables like discretionary spending
  c. because of uncontrollables like mandatory spending
  d. because the income tax rate in the United States is too high
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ginalynn Authorginalynn
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#1
6 years ago
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nickelgurl24 Author
wrote...
#2
6 years ago
TY
ginalynn Author
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#3
6 years ago
My pleasure
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