Means tested government programs:
A. require recipients to undergo skills testing for benefits.
B. are rarely used in the US.
C. are as effective as unconditional cash transfers.
D. define eligibility for benefits based on recipients' income.
Answer: D
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Every year, the U.S. allows 500,000 people from developing countries to immigrate to the U.S. permanently, which means:
A. it has a lower rate of acceptance than admission rates to the most competitive U.S. colleges. B. there is a severe surplus, since 13.6 million apply to enter the U.S. C. many people resort to immigrating illegally. D. All of these statements are true.
Suppose an economy has 90,000 employed persons and 10,000 unemployed persons, the unemployment rate is
a. 11.1% b. 10.0% c. 5.6% d. 12.5% e. 9.1%
When an economist states that the monetarist transmission mechanism is "direct" it means that a change in the money supply creates a direct impact on the goods and services market
Indicate whether the statement is true or false
Price discrimination occurs when stores mark down products for sale.
Answer the following statement true (T) or false (F)