The basic conservative solution to welfare dependency is

A. forcing people off welfare.
B. government jobs.
C. ending immigration.
D. identical to the liberal solution.


A. forcing people off welfare.

Economics

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In 2000, the U.S. terms of trade was one. In 2009 the U.S. export price index was 1.15 and the U.S. import price index was 1.18. Which of the following statements is the best interpretation of the change in the U.S. terms of trade between 2000 and 2009?

a. In 2009, the United States had to export 2% more in order to obtain the same amount of imports as in 2000. b. In 2009, the United States could export 2% less to obtain the same of amount of imports as in 2000. c. Prices of U.S. exports rose more rapidly than prices of U.S. imports. d. The U.S. terms of trade improved between 2000 and 2009.

Economics

The slope of the production possibilities frontier at a given point indicates ________.

a. the preferences of a country. b. a country's total gains from trade. c. a country's opportunity cost of production. d. a country's trade balance.

Economics

Natural monopolies fail to minimize

A. Marginal revenue. B. Average variable cost. C. Average total cost. D. Marginal cost.

Economics

Today the U.S. dollar is worth 1.5 Canadian dollars. Because of changes in economic conditions, people come to believe that by the end of the month the U.S. dollar will be worth 1.2 Canadian dollars. This belief

A) increases the demand for U.S. dollars today. B) decreases the demand for U.S. dollars today. C) decreases the demand for Canadian dollars today. D) decreases the value of exports to Canada.

Economics