According to this Application, current spending on federal ...

[cnetterville]

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.

[jharrington11]

Answer to Question 1

A

Answer to Question 2

C

[cnetterville]

Thank you

[jharrington11]

Happy to help you