[NeedAttention]
Exhibit 30-2
?
A. Q1ABQ2.
B. Q1AEQ2.
C. Q1CBQ2.
D. ABE.
Answer: A
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In their 1994 book, The Bell Curve, Murray and Herrnstein presented evidence that IQ is an important determinant of economic success
a. True b. False Indicate whether the statement is true or false
Ceteris paribus means
A. Holding everything constant except for the variables you are interested in examining. B. Holding constant the determinant of demand or supply that you are interested in examining. C. Changing prices to see how demand or supply shifts. D. Allowing the free market to decide, not government.
The policy mix that the Clinton administration sought in early 1993 was a
A. smaller budget deficit and tighter monetary policy. B. smaller budget deficit and looser monetary policy. C. larger budget deficit and looser monetary policy. D. larger budget deficit and tighter monetary policy.
Which of the following are not counted when we compare a family's income to the poverty line?
a. Cash payments when a worker becomes unemployed. b. Cash welfare payments such as from social security. c. In-kind transfers such as food stamps, Medicaid, and public housing. d. Both In-kind transfers such as food stamps, Medicaid, and public housing, and cash welfare payments such as from social security above are correct.