Families are automatically eligible for Medicaid if they are on
A. Social Security.
B. TANF and SSI.
C. SSI.
D. TANF.
Answer: B
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Interest received from U.S. holdings of foreign assets and interest paid to foreigners for U.S. investment assets is recorded in the
A) official dollar account. B) current account. C) official settlements account. D) capital and financial account. E) official reserves account.
An increase in buyers' incomes
a. increases the quantity demanded of a good b. decreases the quantity demanded of a good c. increases the demand for a normal good d. increases the demand for an inferior good e. decreases the quantity demanded of a normal good
In the context of aggregate supply, the long run is defined as the period during which
a. some prices are set by contracts and cannot be adjusted. b. prices can change, but neither aggregate supply nor aggregate demand can shift. c. individuals have sufficient time to modify their behavior in response to price changes. d. quantity changes cannot occur in response to changes in relative prices.
The only way to reduce the national debt is to run budget surpluses.
Answer the following statement true (T) or false (F)