Current income maintenance programs
A) often provide benefits to people who are working and earning substantially more than the poverty level.
B) reduce the incentive of recipients to work.
C) have safeguards to ensure that recipients work whenever physically able.
D) fail to make the income distribution more equal.
B
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In the Current Population Survey, a person is considered unemployed if the person
A) is without a job. B) is working anything less than 40 hours per week. C) is working without pay. D) does not have a job and is actively looking for a job. E) is working less than 20 hours per week.
How does the owner of a corporation relate to the business?
A) The owners of the business have no separate legal distinction from the business. B) The owners of the business have a separate legal distinction from the business. C) The personal assets are part of the corporation's assets. D) None of these describe the legal relationship of corporate owners to the business.
Explain why equalizing the marginal utility per dollar for all goods maximizes utility
What will be an ideal response?
Consider the game tree in Figure 12.8. Compared to the dominant strategy outcome, guaranteed coordination would lead to:
A. higher profits for both stores. B. lower profits for both stores. C. higher profit only for Store A. D. higher profit only for Store B.