"In-kind" rather than cash transfer payments are represented by
A. public assistance payments.
B. unemployment insurance benefits.
C. Social Security benefits.
D. food stamps.
D. food stamps.
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High interest rates contribute to a lower federal budget deficit.
A. True B. False C. Uncertain
When the money supply is expanding rapidly and the general level of prices increasing sharply, economic growth is
What will be an ideal response?
The current account and the financial account must do which of the following?
a. equal the capital account b. equal each other c. move in the same direction d. equal zero when added together e. equal 1 when added together
Bob's winery sells bottles of their expensive, high-quality wine and a cheaper low-quality wine. Visitors have to drive 45 minutes to get to Bob's winery
Bob also sells his wine at a shop in the city where consumers don't have to drive a long distance and charges the same prices. Assuming the preferences of the clients that come to the winery and the city store are the same, explain why Bob tends to sell the expensive wine in a greater proportion in the winery than the urban store.