Under TANF, the time limit for receiving benefits during a lifetime is
A. 12 years.
B. 13 weeks.
C. 60 months.
D. 5 months.
C. 60 months.
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Both signaling and screening:
A. are effective ways to increase information available to both parties. B. reduce efficiency in the market. C. benefit the sellers but harm the buyers. D. benefit the buyers but harm the sellers.
?In the long run, wages and prices are considered to be:
A. ?fixed. B. sticky. C. ?flexible. D. ?unstable.
A system of private property rights
A. encourages investment but discourages entrepreneurial activity, so the effect on economic growth is uncertain. B. reduces the efficiency of government, which reduces the growth rate of the economy over time. C. discourages economic growth by discouraging the development of new ideas and ways of doing things. D. encourages economic growth by creating incentives to invest in capital and to be innovative.
As disposable income increases, consumption:
A. and saving both increase. B. and saving both decrease. C. decreases and saving increases. D. increases and saving decreases.