Which of the following program(s) is (are) in-kind assistance to fight poverty in the United States?
a. b and e.
b. Medicaid.
c. Unemployment benefits.
d. Temporary Assistance to Needy Families (TANF).
e. SNAP (food stamps).
a
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In Great Britain, raising taxes on gasoline has increased the costs of supplying gasoline. As a result, the equilibrium quantity of gasoline ________, and the equilibrium price of gasoline ________
A) increases; rises B) increases; falls C) decreases; rises D) decreases; falls E) does not change; rises
Explain how price expectations can affect the supply of a product
What will be an ideal response?
Exhibit 36-3 Stock P-E ABC 18 XYZ 55 ? ? Refer to Exhibit 36-3. Which of the two stocks has a bigger gap between its close price and net earnings per share?
A. Stock ABC B. Stock XYZ C. Both stocks have the same gap between its close price and net earnings per share D. There is not enough information provided to answer the question.
Refer to the above figure. At a price of $2, excess quantity demanded equals
A) 0. B) 3. C) 12. D) 15.