This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Does the term mandatory spending mean that spending must go on forever? A) Yes, Congress has no ... (Read 45 times)

Mr. Wonderful

  • Hero Member
  • *****
  • Posts: 866
on: Jun 30, 2018
Does the term mandatory spending mean that spending must go on forever?
 
  A) Yes, Congress has no right to change these spending programs.
  B) Yes, the laws which authorized this spending cannot be changed.
  C) No, once appropriated, spending is for the life of the program only or until it changes.
  D) Yes, once appropriated, spending is indefinite.

Question 2

If the dollar price of a good manufactured in the U.S. is 6 and the dollar price of the same good manufactured in India is 8, should retailers of the good in the U.S. purchase the good from Indian suppliers or from American suppliers?
 
  What will be an ideal response?


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

Jbrasil

  • Sr. Member
  • ****
  • Posts: 337
Reply #1 on: Jun 30, 2018
Answer to Question 1

C

Answer to Question 2

The ratio of dollar price of U.S. toy to the dollar price of an Indian toy is 6/8 = 0.75. Since this ratio is less than one, toy resellers in the U.S. should purchase toys from American suppliers rather than Indian suppliers.


Mr. Wonderful

  • Member
  • Posts: 866
Reply 2 on: Jun 30, 2018
Wow, this really help

gcook

  • Member
  • Posts: 343
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

« previous next »
 

Did you know?

Autoimmune diseases occur when the immune system destroys its own healthy tissues. When this occurs, white blood cells cannot distinguish between pathogens and normal cells.

Did you know?

Asthma occurs in one in 11 children and in one in 12 adults. African Americans and Latinos have a higher risk for developing asthma than other groups.

Did you know?

Human stomach acid is strong enough to dissolve small pieces of metal such as razor blades or staples.

Did you know?

Despite claims by manufacturers, the supplement known as Ginkgo biloba was shown in a study of more than 3,000 participants to be ineffective in reducing development of dementia and Alzheimer’s disease in older people.

Did you know?

Bisphosphonates were first developed in the nineteenth century. They were first investigated for use in disorders of bone metabolism in the 1960s. They are now used clinically for the treatment of osteoporosis, Paget's disease, bone metastasis, multiple myeloma, and other conditions that feature bone fragility.

The Hippocampal Formation and Long-Term Potentiation The Hippocampal Formation and Long-Term Potentiation
Long-Term Potentiation and Long-Term Depression Long-Term Potentiation and Long-Term Depression
In 2013, Americans learned that the federal government massively surveys their phone calls and e-mai In 2013, Americans learned that the federal government massively surveys their phone calls and e-mai
Seven black members of Congress in 1871 are from left to right: Senator Hiram Revels (R-MS) and Repr Seven black members of Congress in 1871 are from left to right: Senator Hiram Revels (R-MS) and Repr
Example of Index entry with Main Term and indented subterms. Example of Index entry with Main Term and indented subterms.
Relations Between Iconic Memory, Short-Term Memory, and Long-Term Memory Relations Between Iconic Memory, Short-Term Memory, and Long-Term Memory
Video: Energy inputs and release in glycolysis Animation

For a complete list of videos, visit our video library