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Author Question: Government spending that changes automatically without action by Congress is A) a noncontrollable ... (Read 70 times)

DyllonKazuo

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on: Jun 29, 2018
Government spending that changes automatically without action by Congress is
 
  A) a noncontrollable expenditure.
  B) national defense.
  C) payments to contractors for routing services performed.
  D) discretionary payments.

Question 2

Refer to the above figure. A price ceiling has been set at P1, and a black market has opened. The equilibrium black market quantity will be
 
  A) below Q1.
  B) above Q3.
  C) between Q1 and Q3.
  D) Q2.


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mcarey591

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Reply #1 on: Jun 29, 2018
Answer to Question 1

A

Answer to Question 2

C


DyllonKazuo

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Reply 2 on: Jun 29, 2018
Great answer, keep it coming :)

Perkypinki

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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