In economics, welfare analysis focuses on
A) income transfer programs.
B) food stamp programs.
C) international aid programs.
D) None of the above.
D
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Because exports are less than imports,
a. net exports are positive. b. net exports are a positive percentage of GDP. c. net exports are a negative percentage of GDP. d. the federal government has a budget surplus.
The most likely group of the following that would be eligible for unemployment insurance benefits is
a. new college graduates looking for their first job. b. mothers returning to the labor force after caring for young children. c. workers who quit their jobs. d. experienced workers recently laid off.
What is the percentage of income received by the upper two quintiles on line K?
Falling output, in the short run, could be due to:
A. an increase in short-run aggregate supply. B. a reduction in aggregate demand. C. an increase in long-run aggregate supply. D. an increase in aggregate demand.