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ECO 450 Week 2 Quiz Click Here to Purchase the Tutorial http://www.shoptutorial.com/shop/university/devrycourses/eco-450/eco-450-week-2-quiz/ For more course tutorials visit www.shoptutorial.com Question 1 About 80 percent of federal receipts are accounted for by: Answer • Question 2 Transfer payments by the federal government in the United States account for about: Answer • Question 3 Following the circular flow of a mixed economy, firms receive a flow of dollars from and send goods and services to: Answer • Question 4 In 2008, which country listed below has the highest percentage of government spending relative to GDP? Answer • Question 5 Government purchases for consumption and investment: Answer • Question 6


Government goods and services are usually: Answer • Question 7 Following the circular flow of a mixed economy, which entity or entities distribute resources? Answer • Question 8 State and local government expenditure in the United States accounts for about: Answer • Question 9 A mixed economy is one in which: Answer • Question 10 Total annual expenditures by federal, state, and local governments in the United States in the 1990s accounted for roughly: Answer • Question 11 The real cost of government goods and services is: Answer • Question 12 If the economy is currently operating on a point on the production possibility curve for government goods and services versus private goods and services, Answer • Question 13 Taxes: Answer


• Question 14 The old-age dependency ratio is: Answer • Question 15 Federal government expenditures in the United States account for about: Answer


Eco 450 week 2 quiz