States can allow exceptions to Temporary Aid to Needy Families' (TANF) 60-month rule for up to 20% of recipients.
Answer the following statement true (T) or false (F)
True
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A discouraged worker is an individual who has been unemployed for a significant amount of time and has given up looking for a job because he or she is demoralized about his or her job prospects
a. True b. False Indicate whether the statement is true or false
In class action lawsuits, interested parties to the lawsuit are not required to pay attorney fees directly. This is an example of an attempt to
a. maximize attorney fees. b. reduce the incentive of attorneys to file class action lawsuits. c. reduce the transaction costs of finding a private solution to an externality. d. regulate attorney fees.
When increased demand raises the price of the product, the
A) marginal revenue product will also increase. B) marginal revenue product will fall. C) marginal revenue product will remain unchanged. D) sales will fall.
When monopolistically competitive firms earn ________ economic profits, other firms ________ an industry in the long run.
A. negative; enter B. zero; exit C. zero; enter D. positive; enter