An activity that makes some people better off and nobody worse off is a
A. price floor that increases income to suppliers.
B. government transfer program such as Social Security.
C. reduction in interest rates.
D. voluntary exchange.
Answer: D
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"Privatization of government owned industries is likely to increase unemployment in the short run" is a ________ statement about ________ policy.
A. normative; monetary B. normative; structural C. positive; fiscal D. positive; structural
If the Fed were to attempt to increase the money supply, it would most likely do so
A) by manipulating the discount rate. B) by manipulating the required reserve ratio. C) by altering the amount of gold held in Fort Knox. D) by engaging in open market operations.
In the early years of software development the industry had to train its own workers in developing code to build software applications. It was a very costly undertaking as software firms had to shoulder most of the training costs
However, over time the industry began to experience decreasing costs. How and why did this transformation take place?
Under TANF, the time limit for receiving benefits during a lifetime is
A. 12 years. B. 13 weeks. C. 60 months. D. 5 months.