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Author Question: Spending on programs that ________, such as Social Security and Medicare, is classified as ... (Read 58 times)

lilldybug07

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on: Jun 30, 2018
Spending on programs that ________, such as Social Security and Medicare, is classified as entitlement and mandatory spending.
 
  A) is authorized only in times of budget deficits B) is authorized only in times of budget surpluses
  C) is authorized by Congress on an annual basis D) has been authorized by prior law

Question 2

In the United States, the good or service given the most weight in the CPI basket when calculating the CPI is
 
  A) food and beverages.
  B) taxes.
  C) medical care.
  D) housing.
  E) recreation.
Macroeconomics: Principles, Applications and Tools ¦ O'Sullivan, Sheffrin, Perez ¦ 7th Edition
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thall411

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

D

Answer to Question 2

D


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