Which of the following is NOT a program designed to attack poverty?
A) Supplementary Security Income
B) food stamps
C) Social Security
D) federal corporate income tax
Answer: D
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An increase in nominal GDP will
A. decrease the transactions demand and the total demand for money. B. decrease the transactions demand for money but increase the total demand for money. C. increase the transactions demand and the total demand for money. D. increase the transactions demand for money but decrease the total demand for money.
Explain the difference between substitutes and complements
What will be an ideal response?
Real investment spending for the past 35 years is less volatile than real personal consumption
a. True b. False Indicate whether the statement is true or false
If the general education level within a country rises significantly over time, it is likely that:
a. the country will move to a different point along its current production possibilities curve. b. the country's production possibilities curve will not change in any way. c. the country's production possibilities curve will shift in. d. the country's production possibilities curve will shift out. e. the country's production possibilities curve will become convex to the origin.