The largest in-kind transfer program in the United States is (are)

A. SNAP.
B. Welfare.
C. Medicare and Medicaid.
D. the Housing Program.


Answer: C

Economics

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High Tech, Inc. produces plastic chairs that sell for $10 each. The following table provides information about how many plastic chairs can be produced per hour.  Number of WorkersChairs Produced Per Hour00110218324428530For simplicity, assume that labor is the only input. How many workers will be hired if the hourly wage for workers is $30?

A. 3 B. 2 C. 4 D. 1

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In the above figure, what is the efficient quantity of hot dogs to produce?

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What will be an ideal response?

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