The TANF program was the result of _____
a. the New Deal
b. the Great Society programs of President Johnson
c. President Reagan's second term in office
d. President Clinton's desire to end welfare as conventionally understood
d
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Refer to Figure 28-2. Suppose the Fed used contractionary policy to push short-run equilibrium to point C. If the short-run equilibrium remained at point C long enough
A) the short-run Phillips curve would shift up. B) the economy would stay at point C in the long run. C) the economy would move back to point A. D) the short-run Phillips curve would shift down.
Assume:
C = 40 + 0.8(Y - T) G = 10 I = 20 T = 0, where T are taxes. (a) Calculate Y at equilibrium. (b) Calculate C, I, and G at equilibrium. (c) Now assume, EX = 5 + 4EP /P IM = 10 + 0.1 (Y - T) - 3EP /P E = 3 P = 1.5 P = 2 Find equilibrium Y.
A measure of how much debt an investor takes on in making an investment is referred to as
A) asset management. B) the debt-equity ratio. C) securitization. D) leverage.
Legislation that tries to reduce air pollution by setting some maximum level for emissions from each source
What will be an ideal response?