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Author Question: According to the BEA, in the second quarter of 2012 federal government spending on goods and ... (Read 74 times)

Lisaclaire

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on: Jun 29, 2018
According to the BEA, in the second quarter of 2012 federal government spending on goods and services changed by -0.1 percent. This decrease could have been caused by a decrease in spending on
 
  A) national defense.
  B) Social Security.
  C) interest payments on the national debt.
  D) unemployment benefits.

Question 2

An aggregate supply curve depicts the relationship between
 
  A) the price level and the quantity of nominal GDP supplied.
  B) household expenditures and household income.
  C) the price level and the quantity of real GDP supplied.
  D) the money wage rate and the quantity of real GDP supplied.


zogaridan

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

A

Answer to Question 2

C


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