According to the text, The American Recovery and Reinvestment Act of 2009:
A. was successful.
B. was unsuccessful.
C. remains hotly debated whether it was successful or not.
D. is known as the most effective legislation ever passed in U.S. history.
C. remains hotly debated whether it was successful or not.
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The federal government's earned-income tax credit
a. provides support only for elderly and disabled poor b. represents a type of in-kind transfer program c. provides food assistance to the working poor d. reduces taxes if the poor buy housing e. offers an income tax refund to the working poor greater than the taxes they paid
Which of the following goods is most likely to be over consumed? Fish in:
A. a pet store B. the grocery store C. the ocean D. a fishery
Kara is a construction worker. Because of adverse weather during the winter, she has been laid off from her job. She is available for work and has even sought work with other construction companies. Kara is
a. experiencing frictional unemployment b. experiencing seasonal unemployment c. experiencing structural unemployment d. experiencing cyclical unemployment e. not in the labor force at this time
The fact that landlords are able to pass the majority, but not all, of the burden of property taxes on to renters suggests that the price elasticity of demand for apartments is
A. Perfectly inelastic. B. Elastic. C. Inelastic. D. Perfectly elastic.