Author Question: In 2012, direct government purchases equaled ________ percent of expenditures of all levels of ... (Read 126 times)

AEWBW

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In 2012, direct government purchases equaled ________ percent of expenditures of all levels of government.
 
  A) 71
  B) 42
  C) 26
  D) 55

Question 2

Inflation may impose little, if any, cost on the economy, if ________.
 
  A) laws against excessive price increases are enforced effectively
  B) the government subsidizes menu costs
  C) price increases are fully anticipated
  D) the Fisher effect holds true
  E) the rate of price increase is so slow that people do not feel compelled to alter their behavior



cupcake16

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Answer to Question 1

B

Answer to Question 2

E



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