The prevalent welfare policy is to
A. provide vocational training for welfare recipients, so that they can be self-supporting.
B. provide government and private sector employment for those leaving the welfare rolls.
C. to basically force welfare recipients to leave the welfare rolls.
D. to allow welfare recipients to continue receiving benefits as long as there are children under six years of age in the family.
C. to basically force welfare recipients to leave the welfare rolls.
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A speculator who takes a long position in a market buys low and sells high, whereas a speculator who taxes a short position in a market buys high and sells low.
Answer the following statement true (T) or false (F)
Regarding poverty in U.S. society, it is correct to say that: a. Poverty affects a relatively small number of Americans. b. Poverty results from a failure to work hard
c. Most of the poor live in inner cities. d. None of these statements is true.
Scenario: Not-So-Free Freeland Freeland is a semi-closed economy whose government believes in protecting national identity and building a self-sustained economy. The government's priority is to protect local jobs and provide opportunities to Freeland's emerging industries to flourish without the threat of external competition. Freeland's efforts to provide opportunities to its emerging industries is an example of its ________.
a. economic motive b. culture motive c. political motive d. social motive
Price ceilings often generate
A. black markets. B. market clearing prices. C. equilibriums that utilize rationing by price. D. rapid increases in supply to meet the excess demand.