The second-largest cash transfer program(s) in the United States, smaller than only the Social Security system, is(are) the
A. Supplemental Nutrition Assistance (SNAP) program.
B. Medicare and Medicaid programs.
C. unemployment insurance program.
D. Temporary Assistance to Needy Families (TANF) program.
Answer: D
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If prices are held below the equilibrium price:
A) there exists a surplus in the market. B) there exists a shortage in the market. C) social surplus is maximized. D) all firms earn positive economic profits.
Which economist argued that high tax rates can produce less tax revenues?
a. Robert Ferber b. A. W. Phillips c. Alex Maxwell d. Frantisek Bass e. Arthur Laffer
When someone borrows to purchase capital goods, he is using someone else's _____ to fund his _____
Fill in the blank(s) with correct word
Advocates of a tax on soda and other sugary drinks argue that such a tax
a. may encourage better nutrition. b. will protect our future selves from the long run negative effects of consuming these drinks. c. is needed because people tend to behave inconsistently over time. d. All of the above are correct.