The prevalent welfare policy is to
A. provide vocational training for welfare recipients, so that they can be self-supporting.
B. provide government and private sector employment for those leaving the welfare rolls.
C. to basically force welfare recipients to leave the welfare rolls.
D. to allow welfare recipients to continue receiving benefits as long as there are children under six years of age in the family.
C. to basically force welfare recipients to leave the welfare rolls.
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Which is an example of barter?
A. A person trading a desk for a box of tools. B. The purchase of stock on the New York Stock Exchange. C. A person buying clothes at a used clothing store. D. A gift of tuition money from parents to their children.
Checking deposits are also known as demand deposits.
Answer the following statement true (T) or false (F)
When countries trade with each other, does it result in a gain for everybody?
A. No. Producers of a good that is imported would be hurt. B. No. Consumers of a good that is imported would be hurt. C. No. Producers of a good that is exported would be hurt. D. Yes. All producers and consumers from both exporting and importing countries will gain.
Microeconomics focuses on
A) individual decision makers. B) decisions only on small expenses. C) small changes in an economy. D) satisfying the specific needs of a community.