Conditional cash transfer programs are programs in which:
A. financial support is given only to people who have paid into the program for a minimum amount of time.
B. financial support is given only to people who engage in certain actions.
C. financial support is given only to people who agree to pay it back at reduced interest to the government in the future.
D. None of these is true.
Answer: B
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The multiplier effect refers to the series of
A) induced increases in consumption spending that result from an initial increase in autonomous expenditures. B) autonomous increases in consumption spending that result from an initial increase in induced expenditures. C) induced increases in investment spending that result from an initial increase in autonomous expenditures. D) autonomous increases in investment spending that result from an initial increase in induced expenditures.
The first credit card was issued in
A) 1950 by Francis X. McNamara. B) 1958 by Bank of America. C) 1981 by James Tobin. D) 1974 by Citibank.
The sum of past federal budget deficits increases the:
a. GDP debt. b. trade debt plus debt. c. national debt. d. Congressional debt.
Which of the following would be a private cost of smoking to a cigarette smoker?
a. cost to a private firm of the higher health insurance premiums due to the hiring of a smoker b. cost to a private firm of the reduced productivity of a smoker, who misses days of work as a result of smoking c. cost to the city of extra park lawn cleanup due to the presence of cigarette butts d. price of a pack of cigarettes e. cost to the government to pay the hospital expenses of indigent private smokers