Government assistance to the poor in the United States
A. has eliminated poverty in the nation.
B. is available to all persons whose income is below the poverty income threshold.
C. is available in most cases only to the poor who are elderly, disabled, or families with children.
D. is always in the form of cash.
C. is available in most cases only to the poor who are elderly, disabled, or families with children.
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The unemployment rate tells us
A) the fraction of people who want to be working but are not. B) the fraction of people who are not working and do not want to be working. C) the fraction of people who are not working and have quit looking for jobs. D) all of the above
"Measures are too often decided, not according to the rules of justice and the rights of the minor party, but by the superior force of an interested and overbearing majority" was written by
a. Jefferson b. Washington c. Hamilton d. Adams e. Madison
Rent seeking refers to unproductive activity in the pursuit of profit.
Answer the following statement true (T) or false (F)
The effect of budget deficits on interest rates
a. increases private investment, so eventually the capital stock rises. b. increases private investment, so eventually the capital stock falls. c. decreases private investment, so eventually the capital stock rises. d. decreases private investment, so eventually the capital stock falls.