Food stamps and Medicaid are examples of
a. money transfers
b. resource earnings
c. in-kind transfers
d. tax expenditures
e. capital gains
C
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________ are financial assets that represent partial ownership of a corporation
A) Stocks B) Financial markets C) Bonds D) Certificates of deposit
Suppose an economy is in a steady state, then its saving rate falls, once and permanently. As the economy approaches its new long-run steady state, consumption per worker is ________
A) falling B) rising C) unaffected D) either rising or falling
A decrease in the U.S. balance-of-payments surplus results when
a. Canadian citizens increase their shopping trips to the United States. b. more U.S. citizens vacation in Chile. c. French citizens stop buying Perrier and start buying U.S. mineral water instead. d. the United States sells oil-drilling equipment to China.
An experimental study is one which individuals are randomly assigned to the treatment and control groups.
A. True B. False C. Uncertain