The conservative theory of poverty blames _____ for welfare dependency.
A. the poor
B. the government
C. both the poor and the government
D. neither the poor nor the government
C. both the poor and the government
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Explain why a country's gains from trade may not accrue to nationals. Indicate the differential effects on GNP and GDP
What will be an ideal response?
The above figure shows Bob's utility function, which is
A) concave. B) convex. C) linear. D) L-shaped.
Consensus research concludes that medical technology is responsible for much of the increase in medical care spending over the past several decades.This probably means
a. That better availability means wider use. b. That poorer availability means less use and poorer health outcomes. c. That medical care is increasingly expensive d. All of the above are correct.
As a result of the housing-market crash:
A. both aggregate demand and aggregate supply shifted to the left. B. both aggregate demand and aggregate supply shifted to the right. C. aggregate demand shifted to the left, and aggregate supply shifted to the right. D. aggregate demand shifted to the right, and aggregate supply shifted to the left.