In-cash transfers differ from in-kind transfers in that
A. the former offers greater control over spending by the poor on inappropriate things.
B. the former is more certain to target children effectively.
C. the former is more cost-effective and less bureaucratic.
D. none of these, the two are identical.
Answer: C
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The above figure shows Jane's budget line and two of her indifference curves. Which of the following happens to Jane's budget line if there were a decrease in her monthly dining out budget?
A) It would bend toward the origin, becoming more convex. B) It would bend away from the origin, becoming more concave. C) It would shift rightward and not change its slope. D) It would shift leftward and not change its slope.
To sell more units, a monopolist
A) simply moves across its horizontal demand curve to a larger quantity. B) moves down its demand curve to a lower price that will increase quantity demand. C) can continue to receive the same price it always has as long as it has its customers' goodwill. D) must be willing to lower the barriers to entry that have protected it.
Airlines that restrict members' ability to use frequent flyer miles during holiday periods likely do so because: a. the opportunity cost to airlines of filling seats with frequent flyers is lower at these times
b. the opportunity cost to airlines of filling seats with frequent flyers is higher at these times. c. passengers have more transportation alternatives available to them at these times. d. airlines want to protect their most loyal customers from the discomfort of overcrowded airplanes.
The regulatory response to enhance accountability and increase transparency in the financial system and end taxpayer bailouts in response to the Great Recession was known as which of the following?
a. Sarbanes-Oxley Act b. Dodd-Frank Act c. Airline Deregulation Act d. Hoffman-La Roche Act