Which of the following is not a determinant of demand?
A. The price of other goods.
B. Income of the consumer.
C. Desire for the good.
D. The cost of the factor inputs.
Answer: D
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Temporary Assistance to Needy Families:
A. is an "unconditional" cash-transfer program B. is a conditional cash transfer program. C. is more redistributive in nature than social insurance. D. is provided long term to help people in chronic poverty.
Which of the following would cause a decrease (leftward shift) in the short-run aggregate supply curve (SRAS)? a. An increase in oil prices. b. An advance in technology
c. An increase in the CPI. d. An increase in the long-run aggregate supply curve (LRAS).
Which of the following is a component of the Patient Protection and Affordable Care Act?
a. Charging a fine to individuals who do not have or want health insurance b. Requiring employers to buy health insurance from state-run exchanges c. Requiring employers with 30 or more employees to offer health insurance d. Charging a fine to doctors who do not participate in health insurance exchanges
A leftward shift of a demand curve is called a(n)
a. increase in demand. b. decrease in demand. c. decrease in quantity demanded. d. increase in quantity demanded.