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Author Question: Which of the following is true regarding entitlement spending? a. They are designed to increase ... (Read 22 times)

newbem

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on: Jul 9, 2018
Which of the following is true regarding entitlement spending?
 
  a. They are designed to increase the money supply to improve economic growth.
 b. They create a serious ongoing financial burden on the federal government.
  c. They reduce the overall cost of compliance for major industrial sectors.
  d. They reduce the overall cost of doing business overseas.

Question 2

In general, a recession most likely does which of these?
 
  a. reduces the budget deficit
  b. leads to higher unemployment
  c. leads to tax increases
 d. leads to higher inflation


bfulkerson77

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Reply #1 on: Jul 9, 2018
Answer to Question 1

b

Answer to Question 2

b


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