What are some of the drawbacks, as you see them, to a program like Workfare?
What will be an ideal response?
Workfare requires a good deal of monitoring to ensure that participants are gaining skills. In
addition, there have to be jobs available, which may not be the case. Some participants do not
have the necessary education required for certain jobs and first need to concentrate on
increasing their human capital regarding education.
Economics
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Profit-related income does not play any crucial role in the workings of a market system
Indicate whether the statement is true or false
Economics
Price leadership represents a situation where monopolistic firms:
A. Reduce their reliance on non price competition B. Form a cartel C. Face a kinked demand curve D. Tacitly collude
Economics