An example of a policy aimed at economic development that would also indirectly impact poverty would be:
A. food stamps.
B. public investments in education.
C. earned income tax credit.
D. All of these will cause economic growth and positively impact poverty.
B. public investments in education.
You might also like to view...
Suppose there is a new technological invention that will allow you to put any resource into a special black box and in an instant anything that you program it to produce will be produced? Does this invention end scarcity? Why or why not?
What will be an ideal response?
In general, supply curves with an elasticity of supply between 0 and 1 are referred to as:
A. inelastic. B. elastic. C. perfectly elastic. D. perfectly inelastic.
Refer to the table shown. If the market price is $6, a perfectly competitive profit-maximizing firm will produce:QuantityMarginal Cost1$3253749
A. 1 unit of output. B. 2 units of output. C. 3 units of output. D. 4 units of output.
In the medium run, a tax increase that causes a reduction in the budget deficit will
A) affect only the price level. B) not affect the price level but will alter the composition of output. C) not affect the level of output, but will affect the composition of output. D) affect both the level and composition of output.