Benefit levels for the Temporary Assistance to Needy Families (TANF) are set by ________ governments.
A. state
B. local
C. municipal
D. federal
Answer: A
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The short-run demand curve for labor for a firm in any type of market for its output coincides with
a. the upward sloping portion of the marginal revenue product curve. b. the downward sloping portion of the marginal revenue product curve. c. the downward sloping portion of the marginal product curve. d. the marginal labor cost curve.
One of the largest categories of exports from the United States is now pop culture: movies, music, TV programming, and videos. A direct conclusion from this information is that, compared to other countries, the United States has
A) lower wages for producers of pop culture. B) higher wages for producers of pop culture. C) a higher opportunity cost of producing pop culture. D) a lower opportunity cost of producing pop culture.
The term underemployed refers to an individual who prefers full-time employment but works only part-time
a. True b. False Indicate whether the statement is true or false
The practice of "kiting" as a means of overstating cash is possible only if the client maintains two or more bank accounts.
a. true b. false