Cutting the poor off welfare is
A. the liberal position.
B. the conservative position.
C. both the liberal and the conservative position.
D. neither the liberal nor the conservative position.
B. the conservative position.
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The Celler-Kefauver Act is primarily concerned with prohibiting:
a. monopolization. b. unfair business practices. c. predatory pricing. d. anticompetitive mergers.
The twin responsibilities of the Federal Reserve is called the:
A. dual mandate. B. double duty. C. twin spin. D. two tasks.
The demand for curve for money
a. shows the amount of money people actually hold b. shows the amount of money people would like to hold, given the constraints they face c. shifts if the interest rate changes d. is independent of the price level e. changes whenever the Fed changes the money supply.
When Classical economists of the 1930s looked at the Great Depression, they:
A. thought it was a result of prices adjusting too quickly. B. suggested wages were too flexible. C. blamed it on activist fiscal and monetary policies. D. lacked a good explanation of why it was happening.