The pessimistic view of the shape of the Environmental Kuznets Curve is
a. linear from the origin
b. an inverted-U shape that flattens out after some critical income level
c. a perfectly symmetric inverted-U shape
d. a flattened U-shape
b. an inverted-U shape that flattens out after some critical income level
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Under TANF, by the year 2002, half of adult recipients were supposed to be in some form of work activity
Indicate whether the statement is true or false
Margin calls are more likely to happen when markets are:
A. crashing. B. booming. C. stable. D. irrational.
Private property rights are important because:
a. they create incentives for people to improve their standard of living. b. the Constitution says so. c. they allow students to choose their major field of study in college. d. an economy cannot function without them. e. goods cannot be produced without them.
High rates of unemployment are undesirable because: a. they cause increased levels of societal tension
b. society loses potential production of goods and services. c. families of the unemployed may find it difficult to survive. d. all of the above.