Social insurance programs are designed to:
A. keep those in chronic poverty fed, clothed, and housed.
B. aid those communities that become impoverished.
C. protect against the temporary hard times that can lead to transient poverty.
D. None of these is true.
C. protect against the temporary hard times that can lead to transient poverty.
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The United States has the most egalitarian distribution of income in the world
Indicate whether the statement is true or false
What would happen to the equilibrium price and quantity of coffee if the wages of coffee-bean pickers fell and the price of tea fell?
a. Price would fall, and the effect on quantity would be ambiguous. b. Price would rise, and the effect on quantity would be ambiguous. c. Quantity would fall, and the effect on price would be ambiguous. d. Quantity would rise, and the effect on price would be ambiguous.
A relatively high wage is predicted to be enjoyed by workers where the
A. population is large relative to industrial activity. B. jobs are disagreeable or dangerous. C. jobs are pleasant and satisfying. D. demand is weak and supply is high.
Shift to the left or right for supply: business taxes decrease or subsidaries increase
What will be an ideal response?