The Congressional Budget Office estimates that ________ of the ...

[Jkov05]

The Congressional Budget Office estimates that ________ of the increase in federal spending on Medicare and Medicaid over the next 75 years will be due to increases in the cost of providing health care.
 
  A) most B) very little C) all D) less than half

Question 2

The impact of Hurricane Katrina on consumers in the economy was to make them very pessimistic about their future incomes. How does this increased pessimism affect the aggregate demand curve?
 
  A) This will move the economy down along a stationary aggregate demand curve.
  B) This will move the economy up along a stationary aggregate demand curve.
  C) This will shift the aggregate demand curve to the left.
  D) This will shift the aggregate demand curve to the right.

[ebe]

Answer to Question 1

A

Answer to Question 2

C

[Jkov05]

Excellent

[epscape]

TYSM