In-kind transfers tend to be
A. Are more target-efficient than cash.
B. Decrease the real income of poor families.
C. Encourage the poor to earn more income.
D. Are received as cash.
Answer: A
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If a market is contestable, how does the equilibrium differ from that of a monopoly?
What will be an ideal response?
In recent years the United States has run persistent deficits in its balance on the current account
a. True b. False Indicate whether the statement is true or false
Refer to the information provided in Figure 2.4 below to answer the question(s) that follow.
Figure 2.4According to Figure 2.4, an increase in unemployment may be represented by the movement from
A. B to A. B. A to C. C. C to D. D. B to D.
The payoff matrix represents:
A. a zero-sum game.
B. a negative-sum game.
C. a positive-sum game.
D. a game that can only be played in a single time period.