All but which one of the following are cash transfer programs?
A. TANF.
B. Supplemental Security Income (SSI).
C. Low-rent public housing.
D. Social Security.
Answer: C
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According to ________, in a market with an externality, private parties would voluntarily negotiate an efficient outcome without government intervention
A) A. C. Pigou B) John Maynard Keynes C) Adam Smith D) Ronald Coase
Compared to proportional-representation systems, two-party systems are thought to:
A. lead to more diverse views in the policy process. B. create unwieldy combinations of policies within one platform. C. offer a wider variety of platforms among which voters can choose. D. be much less efficient and lead to very few compromises when voting.
All of the following are non-price determinants of demand EXCEPT
A. number of consumers. B. price of raw materials used in production of the good. C. income. D. price of related goods.
A surprising outcome of the Rock-Paper-Scissors game is that
A) it is a clear example of a first mover advantage. B) there is no pure-strategy Nash equilibrium. C) it is best not to play the game. D) it is a good way to determine who goes first in a sequential move game.