All of the following are programs in the Social Security system except
A. the Temporary Assistance to Needy Families (TANF) program.
B. the Old Age and Survivors Insurance program.
C. the Medicare program.
D. the Disability Insurance program.
Answer: A
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Assume that the graphs show a competitive market for the product stated in the question below.
Select the graph above that best shows the change in the market following a reduction in the tax placed on the suppliers in the market.
A. graph (1) B. graph (2) C. graph (3) D. graph (4)
Use the following table to answer the next question.Interest RateTransaction Demand for MoneyAsset Demand for MoneyMoney Supply2%$220$300$46042202804606220260460822024046010220220460The equilibrium interest rate is
A. 4%. B. 2%. C. 8%. D. 6%.
As we approach total pollution abatement
A) the marginal benefit to society declines. B) the marginal benefit to society increases. C) the marginal benefit to society increases, but at a decreasing rate. D) the marginal cost to society declines.
The opportunity cost of deficit spending is likely to be low: a. only when it creates new physical capital
b. only when it creates new human capital. c. only when it improves existing physical capital. d. only when it improves existing human capital. e. when it creates or improves physical or human capital.