States often will use Medicaid funds to pay Medicare premiums for their poor elderly.
Answer the following statement true (T) or false (F)
False
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One of the shortcomings of the government's method of measuring unemployment tends to make the official unemployment rate an overestimate of the unemployment problem:
A) people working less than twenty hours a week are counted as unemployed. B) people seeking part-time jobs are counted as fully unemployed. C) people who have given up looking for work are counted as fully unemployed. D) "discouraged workers" aren't counted as unemployed.
A rational individual would make charitable contributions only if such contributions receive favorable tax treatment
a. True b. False
In the above figure, a change in autonomous consumption to 100 would cause the consumption function to
A. shift down. B. become flatter. C. become steeper. D. shift up.
Input prices fall as entry occurs in an increasing-cost industry.
Answer the following statement true (T) or false (F)