Which of the following is an example of a government program that provides in-kind assistance to the poor?
a. Supplemental Security Income (SSI)
b. Temporary Assistance for Needy Families (TANF)
c. food stamps
d. Social Security payments
e. unemployment benefits
C
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Keynes was especially concerned with explaining the
A) recession of 1920-21. B) low levels of output and employment during the Great Depression. C) strong economic growth of the 1920s. D) high unemployment in Great Britain during the 1920s.
In Figure 33.4, what is the burden of the tax on employers?
A. The wage increase of W5 - W2. B. The wage increase of W5 - W3. C. The wage increase of W5 - W1. D. The wage increase of W3 - W2.
In Figure 1 above if the economy were at Y3 then we would expect there to be:
A. an increase in consumption spending. B. a reduction in inventories. C. an increase in inventories. D. no change in inventories.
Consider the hypothetical supply and demand of Kidneys.
Suppose Kidneys cannot be sold, only donated (price is zero). How many kidneys are donated in this hypothetical situation?
A. 2000 B. 900 C. 0 D. 1200