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Author Question: According to this Application, current spending on federal retirement and health programs accounts ... (Read 167 times)

cnetterville

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on: Jun 30, 2018
According to this Application, current spending on federal retirement and health programs accounts for 10 percent of GDP. Experts estimate that this spending component's share of GDP ________ by the year 2075.
 
  A) will more than double B) will remain constant
  C) will grow moderately initially then taper off D) is likely to shrink

Question 2

If the Federal Reserve wanted to change the money supply in the economy, it would be least likely to
 
  A) change the federal funds rate.
  B) sell bonds on the open market.
  C) change the level of reserves required to be held by banks.
  D) buy bonds on the open market.


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jharrington11

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

A

Answer to Question 2

C


cnetterville

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Reply #2 on: Jun 30, 2018
Thank you :)


jharrington11

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Reply #3 on: Jun 30, 2018
Happy to help you


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