Under TANF, at least 50% of single mother recipients and 90% of two-parent families must be working or in work preparation programs.
A. True
B. False
C. Uncertain
A. True
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The solvency of Social Security can be extended if
A. the tax rate is reduced. B. the retirement age is increased. C. the cap on taxable earnings is lowered. D. the trust fund invests in government bonds.
For a duopoly, the maximum total profit is reached when the duopoly produces
A) the same amount of output as the competitive outcome. B) the same amount of output as the monopoly outcome. C) an amount of output that lies between the competitive outcome and the monopoly outcome. D) more output than the competitive outcome. E) less output than the monopoly outcome.
The largest component of U.S. federal spending that contributes to the U.S. government budget deficit is
A) entitlements. B) military spending. C) interest expenses. D) salaries of government employees.
Suppose a permanent increase in demand for the Argentinean peso causes a chronic shortage of this currency in the foreign exchange market. The Argentinean government should then:
a. request other countries to revalue their currency. b. devalue the peso. c. allow the peso to appreciate. d. restricts exports. e. restrict imports.