Which of the following parts of Social Security was not part of the original program?
A. Benefits to orphans
B. Retirement benefits
C. Benefits to the disabled
D. Benefits to widows
Answer: C
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Lily is a college student who likes to buy only two goods: Cheetos and Pepsi. To determine Lily's budget line, you need to know I. Lily's preferences for Cheetos and Pepsi. II. The prices of Cheetos and Pepsi. III. Lily's income
A) II only B) I and II C) II and III D) I, II and III
A good synonym for elasticity would be
a. stability b. volatility c. stickiness d. demand e. responsiveness
Given the indifference curve and budget line above, which of the following must be true at point A?
Which of the following characteristics is generally representative of developing countries relative to developed countries?
A. a greater availability of college education. B. a lower infant mortality rate C. a lower rate of illiteracy D. a smaller percentage of the labor force in urban areas