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Question: Pundits and commentators often state (correctly) that entitlement spending (spending on Medicare, Medicaid, and Social Security) is going to explode in the future. But by lumping all three together, we obscure the source of the explosion.
a. Which of the three really won't be "exploding" all that much compared to the other two?
b. Which category of federal spending is projected to actually decline in future decades?
identify the following components for a lesson you might want to teach 1 intended grade level for instruction 2 subject
How is the equilibrium price determined? What happens if the price is above the equilibrium price? What happens if the price is below the equilibrium price?
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