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Author Question: The largest component of federal government spending is for A) Medicare and Medicaid. B) ... (Read 48 times)

fbq8i

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  • Posts: 527
on: Jun 30, 2018
The largest component of federal government spending is for
 
  A) Medicare and Medicaid.
  B) interest on the national debt.
  C) prisons.
  D) national defense.
  E) education.

Question 2

Adding wages, interest, rent, and profits yields
 
  A) net domestic product at factor cost.
  B) gross domestic product at factor cost.
  C) total expenditure.
  D) GNP.
  E) gross domestic product.


Galvarado142

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Reply #1 on: Jun 30, 2018
Answer to Question 1

A

Answer to Question 2

A


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