Which of the following is least likely to reduce poverty?
A. Redirecting resources within the poor nation away from the military.
B. Receiving foreign aid from rich donor countries.
C. Raising taxes within the poor nation.
D. Receiving aid from private charities or NGOs.
Answer: C
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The advice to "retrain" would be most appropriate for which of the following types of unemployment?
A) structural unemployment B) core unemployment C) frictional unemployment D) cyclical unemployment
In-kind transfer programs such as Medicaid have increased more rapidly than other welfare programs over the last decade
a. True b. False
A decline in aggregate demand is analogous to an upward movement along the short-run Phillips curve
a. True b. False Indicate whether the statement is true or false
When top managers of all four major airlines publicly stated that they intended to undertake only modest increases in capacity by buying additional planes or flying additional routes, the Department of Justice
A) brought charges against the airlines for collusion. B) stated that since this was an issue of capacity and not price, no collusion could have taken place. C) forced the airlines to increase capacity and lower prices. D) decided there was not enough evidence to charge the airlines with collusion.