The basic conservative solution to welfare dependency is _____________________.

Fill in the blank(s) with the appropriate word(s).


forcing people off welfare

Economics

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Based on the figure below. Starting from long-run equilibrium at point C, a tax cut that increases aggregate demand from AD to AD1 will lead to a short-run equilibrium at point ________ and eventually to a long-run equilibrium at point ________, if left to self-correcting tendencies. 

A. D; C B. B; C C. B; A D. D; B

Economics

A time-series graph measures

A) the value of one variable against the value of another variable. B) the value of an economic variable for different groups in a population at a point in time. C) time on the x-axis and the variable or variables in which we are interested on the y-axis. D) time on both the x-axis and y-axis and the variable or variables in which we are interested in the rest of the figure. E) time on the y-axis and the variable or variables in which we are interested on the x-axis.

Economics

In the figure above, the poorest 20 percent of all households receive what share of all income?

A) 10 percent B) 20 percent C) 30 percent D) 40 percent

Economics

Which of the following best explains why so many persons with incomes below the poverty threshold income level work very little or not at all?

a. They confront high implicit marginal tax rates. b. They do not enjoy income as much as other people. c. There are no jobs for low-skill workers. d. They often face very low explicit marginal tax rates.

Economics