Which of the following is an example of a government program that provides cash assistance to the poor?
a. Temporary Assistance to Needy Families
b. Medicaid
c. food stamps
d. public housing
e. Head Start
A
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As the dollar price of a foreign currency (for example, dollars per yen) increases, __________ dollars will be demanded by foreigners, U.S. goods will be __________ expensive for foreigners, __________ U.S. goods will be purchased by foreigners, and __________ foreign currency will be supplied to the foreign exchange market
A) more; less; more; more B) more; less; more; less C) fewer; more; fewer; less D) fewer; more; fewer; more
Children who dislike Brussels sprouts exemplify the notion that the marginal utility of Brussels sprouts is
A. zero. B. less than the total utility. C. negative. D. positive but decreasing.
A unique characteristic of taxes on economic rents is that such taxes:
A. stimulate aggregate production. B. do not lead to a reallocation of the resource. C. are paid by consumers. D. are always regressive.
Refer to the information provided in Figure 2.5 below to answer the question(s) that follow.
Figure 2.5Refer to Figure 2.5. The marginal rate of transformation in moving from Point B to Point A is
A. -2/3. B. -3/4. C. -1.5. D. -20.