Among the following cases, the opportunity cost of crowding out is the smallest when the government spends dollars _____
A) staffing the Internal Revenue Service hotline.
B) printing stationery for new members of Congress.
C) placing photographs of the new president in government and diplomatic offices worldwide.
D) on Social Security benefits.
E) on new interstate highways.
Correct Answer:
Verified
Q109: The U.S.federal budget is determined exclusively by
Q115: Transfer payments are included in the government
Q119: Biennial budgets have replaced the annual budget
Q123: If a budget is cyclically balanced,the government
Q127: With few exceptions,the U.S.federal government has historically
Q128: The budget deficit tends to decline during
Q136: Before the Great Depression,federal deficits occurred primarily
Q137: Some economists argue that federal government capital
Q139: The federal budget has been in deficit
Q174: The United States spent 3 percent of
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents