The Temporary Assistance for Needy Families (TANF) program _____.
(A) Provides benefits to a family for ten years.
(B) Can only provide jobs for individuals in an enterprise zone.
(C) Only provides cash assistance to poor families.
(D) Provides work in exchange for temporary assistance.
Ans: (D) Provides work in exchange for temporary assistance.
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The buyer of a good has less information than the seller of the good. This is a case of
A. externality information. B. free ridership. C. asymmetric information. D. biased information. E. a public good not being a private good.
When a corporation wishes to sell new securities, it usually employs
A) a takeover specialist. B) a finance company. C) an investment bank. D) a commercial bank.
When the interest rate on alternative investments rise, it becomes costly for the bondholders to retain their bonds with them
a. True b. False Indicate whether the statement is true or false
If a household has $40,000 in taxable income and its tax liability is $4,000, the household's average tax rate is
a. 10 percent. b. 25 percent. c. 40 percent. d. 50 percent