Each of the following is a provision of the Personal Responsibility and Work Opportunity Reconciliation Act of 1996 except
A. lifetime welfare benefits are limited to five years.
B. after receiving welfare for two months. Adults must find jobs or perform community service.
C. the federal guarantee of cash assistance for poor children is ended.
D. the provision of over one million government jobs for those unable to find work in the private sector.
D. the provision of over one million government jobs for those unable to find work in the private sector.
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Which of the following would be a private cost to a cigarette manufacturer?
a. price of leaf tobacco b. cost to the government of the hospital expenses of indigent smokers c. increased risk of cancer to the nonsmoking passengers in the smoker's car pool d. price of a pack of cigarettes e. loss in utility received because the smoker must stand outside her office building in the winter to smoke
If this year's price level is 126 and last year's price level was 120, the inflation rate is ________
A) 0.95 percent a year B) 5 percent a year C) 6 percent a year D) 1.05 percent a year
Oil and alternative sources of energy such as wind and solar are
A. Complementary goods. B. Income-elastic goods. C. Substitute goods. D. Inferior goods.
________ inflation is more stable than ________ inflation, because it excludes food and gasoline prices.
A. Core; headline B. Nominal; core C. Headline; core D. Core; nominal