________ is financed through general revenues.
A. The Social Security system
B. The SNAP program
C. Unemployment compensation
D. Medicare
Answer: B
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Describe the debt-deflation process
What will be an ideal response?
Once voting preferences become more complicated than those assumed by the median-voter theorem:
A. the way in which votes are cast becomes important. B. the policies preferred by the average voter become more important. C. the politicians stay more extreme in their views. D. economists cannot analyze voting preferences successfully.
A person's sensitivity to a price change for a good, such as breakfast cereal, depends on all of the following except the
a. price of the good b. cost of producing the good c. person's income d. availability and closeness of substitutes e. time the person has to adjust to the price change
Municipal solid waste (MSW)
a. refers to the collection of hazardous and toxic wastes disposed of in local communities b. can cause problems if improperly managed c. poses no health or ecological risks to society d. is a problem only in developing countries