Multiple Choice
As more and more of the baby-boom generation reach retirement age and draw on Social Security and Medicare,
A) the Social Security Trust Fund will switch from running a deficit to a surplus.
B) unfunded promises included in the federal budget will decrease.
C) expenditures on these programs will increase the size of the federal debt.
D) the federal debt as a share of GDP will decrease.
Correct Answer:
Verified
Correct Answer:
Verified
Q160: The rational expectations hypothesis implies that use
Q161: If the federal government were to run
Q162: What is the index of leading indicators,
Q163: Which of the following variables are included
Q164: Prior to World War II,<br>A) the growth
Q166: Which of the following is part of
Q167: The integration of expectations into macroeconomic analysis
Q168: Under the rational expectations hypothesis, which of
Q169: When there is an abrupt increase in
Q170: In 2016, the national debt of the