Transfer programs are so named because they transfer:
a. the burden of poverty alleviation from the church to the state.
b. the poverty from the country side to the city.
c. the responsibility for maintaining minimum standards of living from the federal government to state governments.
d. income from the relatively high-income people to relatively low-income people.
e. the incidence of poverty from predominantly ethnic groups to the majority white population.
d
You might also like to view...
The law of comparative advantage states that the person who should produce a good is the person who
a. has the lowest opportunity cost of producing that good b. can produce that good using the fewest resources c. will produce that good using the most expensive resources d. has the most desire for that good e. has produced that good in the past
If the average price level in 1991 was 1.20 relative to the base year in 1986, then a dollar in 1991 bought 20 percent more goods and services than a dollar in 1986
a. True b. False Indicate whether the statement is true or false
The interest rate effect is one of the
A) reasons why an AD curve is downward-sloping. B) shifters of an AD curve. C) reasons why a short-run aggregate supply curve can be derived. D) shifters of a short-run aggregate supply curve.
Refer to the above graph. Which factor will shift AS1 to AS3?
A. An increase in input prices. B. A decrease in business taxes. C. A decrease in household indebtedness. D. An increase in productivity.