Taken as a whole, antipoverty programs may actually put a poor family in a position in which the family becomes worse off if its earnings rise

The U.S. federal government spends its revenues in a number of ways. Rank the following spending categories from largest to smallest

a. income security, health, national defense, net interest b. health, national defense, net interest, income security c. net interest, health, income security, national defense d. national defense, income security, net interest, health

As one moves down a straight-line, down-sloping demand curve, price elasticity will:

A. change from elastic, to unit elastic, then to inelastic. B. remain the same between any two points. C. change from inelastic, to elastic, then to unit elastic. D. change from unit elastic, to elastic, then to inelastic.