Which of the following statements about the Supplemental Security Income (SSI) program is FALSE?
A) It is designed to establish nationwide minimum incomes for the aged, the blind, and the disabled
B) Benefits are based on need.
C) Recipients who receive benefit payments under Social Security are also eligible for SSI.
D) It covers children and individuals with mental disabilities, including drug addicts and alcoholics.
C
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Among potential stores of value, money
A) offers the highest rate of return. B) increases in value during periods of inflation. C) provides more services than the other assets. D) has the advantage of being the most liquid asset.
Economists believe the free rider problem is very important in complex business organizational structures. Still, businesses continue to build teams to solve problems or to deliver products to consumers. Often special rewards or bonuses are provided to the team rather than to the individuals in the team. Write a brief essay that either defends the economists' concern or explains why economists are wrong on this issue.
What will be an ideal response?
What is the present value of receiving $$200 a year indefinitely if the interest rate is 8%?
a. $1250 b. $1750 c. $2500 d. $2750
An increase in the market supply of clerks leads to an increase in the market wage rate for clerks.
Answer the following statement true (T) or false (F)