If all of the money currently spent on redistribution in the United States were directly transferred to the poor _____
a. it could turn the hard-core poor into the marginal poor
b. it would not turn the hard-core poor into the marginal poor
c. it is unclear what the effect would be on the hard-core poor
d. the income of the poor would be raised above the current national average
d
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The natural rate of unemployment is also called:
A) non-accelerating inflation rate of unemployment. B) accelerating inflation rate of unemployment. C) accelerating deflation rate of unemployment. D) none of the above.
Domestic savings:
A. comes from private households spending less than they earn. B. is equal to domestic income minus consumption spending. C. occurs when government revenues exceed noncapital expenditures. D. All of these are true.
To economists, investment means buying stocks and bonds
a. True b. False Indicate whether the statement is true or false
The base year is the year:
A. in which prices are unstable. B. in which prices are highest. C. in which prices are lowest. D. that serves as a reference point or benchmark.