Which is the most accurate statement?
A. The authority to run welfare programs resides mainly in the states.
B. The authority to run welfare programs resides mainly in the federal government.
C. When the 1996 welfare reform passed, it immediately removed 3 million people from the welfare rolls.
D. The welfare reform law of 1996 will virtually abolish welfare by the year 2008.
A. The authority to run welfare programs resides mainly in the states.
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To achieve the socially optimal level of pollution, the biggest polluters should be targetted for the greates reduction in pollution
a. True b. False
What is the balance of trade is sometimes called?
a. balance of payments b. balance of exchange c. balance of financial capital d. balance of goods and services
What will happen to the demand for reserves if real GDP increases?
a. It will shift outward. b. It will shift inward. c. It will remain unchanged. d. It depends on what happens to interest rates.
An indifference curve:
A) may be either upsloping or downsloping, depending on whether the two products are complements or substitutes. B) is downsloping and convex to the origin. C) is upsloping and has a constant slope. D) is downsloping and concave to the origin.