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Which of the following is an example of state spending? A. the state police who stopped to assist you when you had a flat tire B. the state campground where your family vacations C. state water quality inspections D. all of the above
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D. all of the above are examples of state spending
Expert answered|migzptz|Points 5791|
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Asked 4/23/2012 3:29:49 PM
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How is nominal GDP converted into real GDP? A. by adding up all of the real purchases made in the economy B. through eliminating the effects of price increases on GDP growth C. by adding all incomes earned in an economy to total expenditures by consumers, businesses, and government D. by adding the contributions of American-owned factories in foreign countries
Question
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Updated 3/10/2015 12:53:14 PM
1 Answer/Comment
Nominal GDP converted into real GDP: through eliminating the effects of price increases on GDP growth.


Added 3/10/2015 12:53:03 PM
This answer has been confirmed as correct and helpful.
Confirmed by jeifunk [3/10/2015 1:07:21 PM]
What is the difference between a recession and a depression? A. A recession is a period of economic growth while a depression is a period of economic contraction. B. A recession is more severe than a depression and lasts longer. C. A depression is a particularly deep recession with high levels of unemployment. D. Unlike a recession, a depression includes high levels of inflation.
Question
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Updated 4/28/2015 3:07:35 PM
1 Answer/Comment
A depression is a particularly deep recession with high levels of unemployment is the difference between a recession and a depression.

Added 4/28/2015 3:07:13 PM
This answer has been confirmed as correct and helpful.
Confirmed by Andrew. [8/12/2016 1:37:30 PM]
According to the cost-push theory, what is responsible for inflation? A. Producers raise prices to meet increased costs. B. Demand for goods and services exceeds existing supply. C. Too much money is in circulation. D. The economy is operating as though there was a war.
Weegy: (b) demand-pull inflation. Too much money chasing too few goods" best describes: demand-pull inflation. (More)
Question
Expert Answered
Updated 61 days ago|2/5/2020 12:24:52 PM
1 Answer/Comment
According to the cost-push theory, producers raise prices to meet increased costs is responsible for inflation.
Added 61 days ago|2/5/2020 12:24:51 PM
This answer has been confirmed as correct and helpful.
What do taxes collected under the Federal Insurance Contribution Act (FICA) fund? A. Social Security and Medicaid B. Social Security and Medicare C. Medicare and Medicaid D. Medicaid and Supplemental Security Income
Weegy: A. Social Security and Medicaid (More)
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Expert Answered
Updated 2/23/2015 2:15:40 PM
1 Answer/Comment
Social Security and Medicare are taxes collected under the Federal Insurance Contribution Act (FICA) fund.

Added 2/23/2015 2:15:40 PM
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Confirmed by jeifunk [2/23/2015 2:18:51 PM]
Which of the following defines a means-tested program? A. Eligibility depends on income. B. Any person who is a US citizen is eligible. C. Age is a major criterion for eligibility. D. People pay first and receive benefits later.
Question
Updated 4/28/2015 12:39:16 PM
1 Answer/Comment
Eligibility depends on income defines a means-tested program.


Added 4/28/2015 12:39:16 PM
This answer has been confirmed as correct and helpful.
Confirmed by jeifunk [4/28/2015 12:41:28 PM]
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