The government program that provides low-income people with government-issued stamps that can be redeemed for specific food items at food stores and supermarkets is the

a. emergency aid program
b. food stamp program
c. school lunch program
d. hunger relief program
e. meals on wheels program


B

Economics

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Refer to the figure below.________ inflation will eventually move the economy pictured in the diagram from short-run equilibrium at point ________ to long-run equilibrium at point ________, 

A. Rising; B; C B. Falling; A; C C. Falling; A; B D. Rising; A; C

Economics

An increase in investment spending would cause the FE line to

A) shift to the right. B) shift to the left. C) remain unchanged. D) remain unchanged if Ricardian equivalence holds; otherwise, shift to the right.

Economics

A firm practicing direct price discrimination will charge lower prices to

a. Consumers with an elastic demand b. All consumers c. Consumers known to have an inelastic demand d. Consumers known to have a unitary elastic demand

Economics

If the price of potato chips increases, other things constant, demand for potato-chip dip will

a. not change; only quantity demanded will change b. increase because the goods are substitutes c. decrease because the goods are substitutes d. decrease because the goods are complements e. increase because the goods are complements

Economics