Which of the following statements about The Temporary Assistance for Needy Families (TANF) is NOT true:
A. It expanded the eligibility for and scope of the nation's welfare program
B. It is the basic welfare program for low-income families in the U.S.
C. In 1996, it replaced the six-decade old Aid for Families with Dependent Children (AFDC) welfare program
D. It led to a reduction in the number of welfare recipients and an increase in the employment rate of single mothers in the years after its adoption
A. It expanded the eligibility for and scope of the nation's welfare program
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In 2012, the world's population surpassed
a. 3.5 billion. b. 1 billion. c. 10.5 billion. d. 7 billion.
If the quantity of money grows at 4 percent a year, velocity grows at 2 percent, and real GDP grows at 2 percent a year, then the inflation rate equals
A) 0 percent. B) 8 percent. C) 4 percent. D) 2 percent. E) 6 percent.