The redistribution of income creates the big tradeoff, which is a tradeoff between ________
A) income and wealth
B) equity and efficiency
C) rich and poor
D) Supplementary Security Income and the Food Stamp program
B
Economics
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A firm in an oligopoly is similar to a monopoly in that:
A. Both firms do not face competition from others B. Both firms could have significant market power and control over price C. Both firms face very inelastic demand for their products D. Both firms do not need to advertize
Economics
Which of the following is a goal of a welfare system?
A. To provide an incentive to leave the system B. To make recipients happy C. To stimulate economic growth D. To reduce the number of children born
Economics