Which of the following government programs provides recipients with unrestricted cash payments?
a. Temporary Assistance to Needy Families (TANF).
b. Medicaid.
c. The food stamp program (SNAP).
d. Housing assistance programs.
a
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Net capital inflows equal:
A. domestic production. B. capital outflows minus capital inflows. C. international production. D. capital inflows minus capital outflows.
The question of scarce resources and unlimited wants is addressed in
a. psychology b. history c. political science d. economics e. anthropology
Suppose that monopolistically competitive firms in a certain market are earning positive profits. In the transition from this initial situation to a long-run equilibrium,
a. the number of firms in the market decreases. b. each existing firm experiences a decrease in demand for its product. c. each existing firm experiences a rightward shift of its marginal revenue curve. d. each existing firm experiences an upward shift in its average total cost curve.
Which one of the following people is not a member of the labor force?
A. A full-time student who devotes all her time to her classes. B. A person who works 30 hours a week at Burger King and goes to school at night. C. The man who was fired last week and is searching for a new job. D. A professional athlete.