The assumption that eliminating one family member is presumed to have no effect on family income is realistic
Indicate whether the statement is true or false
F
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How many and what fraction of the world's people live in advanced economies? In emerging market and developing economies?
What will be an ideal response?
SNAP (food stamps) and Medicaid are examples of:
a. money transfers b. resource earnings c. in-kind transfers d. tax expenditures
Which of the following is true if equilibrium is present in a market?
a. Quantity demanded equals quantity supplied. b. Quantity supplied exceeds quantity demanded. c. There is generally either a shortage or a surplus. d. Quantity demanded exceeds quantity supplied.
When the rate of interest in the economy falls, there will be
A. an increase in nominal Gross Domestic Product (GDP). B. an increase in the market price of existing bonds. C. a decrease in the transaction demand for money. D. less investment by businesses.