Transfer programs are a way to redistribute incomes to address economic inequities

Indicate whether the statement is true or false


T

Economics

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The demand for a necessity whose cost is a small portion of one's total income is

A. perfectly inelastic. B. relatively inelastic. C. relatively elastic. D. unit-elastic.

Economics

Other things the same, in the Solow model in the steady state, a higher rate of population growth ________ growth rate of output

A) leads to a higher B) leads to a lower C) has no long-run effect on the D) has an ambiguous effect on the

Economics

The Celler-Kefauver Act deals primarily with which of the following issues?

a. Price discrimination. b. Exclusive dealing. c. Mergers. d. Deceptive advertising. e. Boards of directors.

Economics

In traditional Keynesian economics:

a. the aggregate supply curve is vertical. b. the aggregate supply curve is horizontal. c. the aggregate supply curve is upward-sloping. d. the aggregate demand curve is horizontal. e. the aggregate demand curve is vertical.

Economics