Earned Income Tax Credit (EITC) was designed for low-income families. The EITC
A. Gives taxpayers a credit from the government for each dollar earned up to a certain point
B. Is a state run program
C. Is only for students
D. The smallest , mean-tested cash benefit federal program
A
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Divided government occurs when the president is from one party and a majority of state governors are from the opposing party
Indicate whether the statement is true or false
Prior to World War I, the primary approach to foreign policy in the United States was
a. isolationism. b. realism. c. liberalism. d. internationalism.
Referenda are exercises of
a. federal mandates. b. preemption. c. devolution. d. direct democracy.
The table below illustrates the income-consumption behavior of the citizens of Real World.
 figure 1.png)
What is the marginal propensity to consume? (Hint: MPC equals the change in consumption expenditure divided by the change in real income.)