Each of the following is a provision of the 1996 welfare reform law except that
A. lifetime welfare benefits would be limited to five years.
B. each state receives a lump sum to run its own welfare and work programs.
C. any adult found guilty of a felony would be removed from the welfare rolls.
D. future legal immigrants are banned from welfare assistance.
C. any adult found guilty of a felony would be removed from the welfare rolls.
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Differentiate between asset management companies and venture capital funds
What will be an ideal response?
Suppose Coke and Pepsi are perfect substitutes. a. Derive the shape of the (uncompensated) demand curve. b. Derive the shape of the compensated demand (or MWTP) curve.
What will be an ideal response?
A person who refuses an offer of employment in order to keep looking for a better job is counted by the BLS as
A) a discouraged worker. B) a shirker. C) eligible for unemployment compensation. D) not in the labor force. E) unemployed.
The linkage between high productivity and high earnings is vitally important because
a. it provides individuals with a strong incentive to develop skills and engage in activities that others value highly. b. high productivity (a large output per hour worked) is the key to high living standards. c. it brings the self-interest of individuals into harmony with economic progress. d. all of the above are true.