A common criticism of government programs that are designed to assist the poor is that

a. those who receive assistance rarely meet the criterion for eligibility.
b. the majority of those below the poverty line refuse to accept government assistance.
c. they create incentives for people to become "needy."
d. they typically account for a majority of annual government expenditures.


c

Economics

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Given the following information about AAA bank:

Bank Deposits $200,000 Loans 100,000 Required Reserves 40,000 Excess Reserves 60,000 What is the reserve ratio? A) 50 percent B) 40 percent C) 20 percent D) 10 percent

Economics

Which is distributed more equally: income or wealth?

What will be an ideal response?

Economics

Reduction in the quality of agricultural land through overuse is called

a. degradation b. deforestation c. desertification d. defenestration. e. none of the above

Economics

Voluntary export restraints are illegal under international trading rules.

Answer the following statement true (T) or false (F)

Economics