The program that was created to provide rebates of Social Security taxes to low-income workers is
A) Supplemental Security Income.
B) food stamps.
C) Earned Income Tax Credit program.
D) TANF.
C
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Which type of unemployment arises when changes in technology or international competition change the skills needed to perform jobs or change the location of jobs?
A) frictional B) structural C) cyclical D) skill-set E) fluctuating
A goal of very high employment may lead to ________
A) inflationary monetary policy B) inflationary fiscal policy C) demand-pull inflation D) all of the above E) none of the above
If the price of cotton used in making blue jeans increases, which of the following will occur?
A) There will be a movement along an unchanged supply curve for jeans. B) The supply curve for jeans will shift rightward. C) The supply curve for jeans will shift leftward. D) There will be a rightward shift in the supply curve for jeans, followed by a movement along the supply curve.
Which of the following is most likely a topic of discussion in a microeconomics course?
a. a decrease in the share of national income paid to the government in taxes b. an increase in the price of lumber used to construct houses c. an increase in the rate of inflation d. an increase in the number of jobless individuals filing unemployment claims