From the 1950s to the 2010s,transfer Payments' Share of GDP

question 2

Multiple Choice

From the 1950s to the 2010s,transfer payments' share of GDP

• A)steadily increased.
• B)steadily decreased.
• C)remained fairly steady.
• D)increased during Democratic administrations and decreased during Republican administrations.

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Definitions:

WACC

The weighted average cost of capital, which is the average rate of return a company is expected to pay its security holders to finance its assets.

Cost of Equity

The return a firm theoretically pays to its equity investors to compensate them for the risk they undertake by investing their capital.

WACC

Weighted Average Cost of Capital; an estimation of a corporation's cost of capital, with each capital category being weighted in proportion.