Dividing the economic pie more equally may reduce the size of the economic pie. This argument is characterized as:
a. untrue.
b. a form of discrimination.
c. a conflict between equity and efficiency.
d. a conflict between full employment and economic growth.
e. b and c.
Question 2
A spike in All Other Outlays of the federal government in 2009 was due to:
a. an increase in the financial aid given to Greece earlier that year.
b. an increase in the expenditures on Social Security and Medicare.
c. the fiscal stimulus package passed earlier that year.
d. a sudden increase in military expenditure as a result of the war in Iraq.
e. an increase in the national debt earlier that year.