Which of the following is not correct?
a. Welfare is a broad term that includes a variety of government programs designed to help poor people.
b. Since the early 1970s, welfare benefits adjusted for inflation have increased, as has the percentage of children living with only one parent.
c. Critics of welfare programs argue that they can create incentives for unmarried women to have children.
d. Supporters argue that welfare doesn't cause the decline of two-parent families.
b
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The above figure shows the apartment market in Big City. What is the equilibrium rent in Big City?
A) $1500 B) $1350 C) $1250 D) $1125
A patent on a product gives a firm
A) protection from having the invention copied or stolen for a period of 20 years. B) economies of scale in producing the product. C) excessive profits in the long run. D) the power to impose a tariff on a competing product.
The audit working paper known as a "proof of cash" is a means of proving that checks paid by the bank during the test period were not in excess of authorized cash receipts during that same test period.
a. true b. false
An effective Federal Reserve operating target is a target that is reliably linked to
A) inflation and unemployment rates. B) other operating targets. C) fiscal policy. D) open market operations.