In-kind transfers include housing subsidies and food stamps.
Answer the following statement true (T) or false (F)
True
In-kind transfers are direct transfers of goods and services rather than cash, such as food stamps, Medicaid benefits, and housing subsidies.
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A depreciation of the U.S. dollar will encourage, other things the same ________
A) the purchase of foreign goods by foreign economic agents B) the purchase of foreign goods by U.S. economic agents C) the purchase of U.S. assets by foreign economic agents D) the purchase of foreign assets by U.S. economic agents
National income is the sum of:
a. personal income and personal tax payments. b. proprietors' income, rental income, compensation of employees, corporate profits, and interest receipts, net of indirect business taxes and the capital consumption allowance. c. wages, transfer payments, interest paid to businesses, and tax revenue. d. NNP and the capital consumption allowance. e. consumption, investment, government spending, and net exports.
Which of the following is incorrect? During the Great Recession U.S:
a. Wealth fell. b. Unemployment duration rose. c. Stock market rose. d. Inflation fell. e. All of the above are correct.
There are ways that policymakers could reduce the costs of inflation without reducing inflation
a. True b. False Indicate whether the statement is true or false