TANF stands for _____
a. Temporary Aid to Needy Families
b. Temporary Assistance to Needy Families
c. Transitory Aid to Needy Families
d. Transitory Assistance to Needy Families
a
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When demand increases and supply decreases by the same amount, the equilibrium quantity ________ and the equilibrium price ________
A) decreases; rises B) decreases; falls C) decreases; does not change D) decreases; might rise, fall, or not change E) does not change; might rise, fall, or not change
According to public choice theory, policymakers
A) act in ways to bring about an equitable distribution of society's wealth. B) act in ways to maximize economic efficiency. C) place the interests of the public above their own self-interest. D) are likely to pursue their own self-interest, even if their self-interest conflicts with the public interest.