Which of the following statements is true?
a. All people in poverty are on welfare.
b. Unemployment compensation is an example of an in-kind transfer.
c. Temporary Assistance to Needy Families (TANF) is an example of a cash payment made by government to the impoverished.
d. After cash assistance and in-kind transfers are considered the distribution of income in the United States is more unequal.
e. All of these.
c
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Many college football teams require a "donation" in order to purchase season tickets. This is an example of
A) price gouging. B) tie-in sale. C) two-part pricing. D) anti-competitive behavior.
Suppose an individual's budget line moved as shown below. Which of the four pairs of graphs, each showing the demand for Good X and a separate demand for Good Y, is the most consistent with the given change in the top graph?
A. Pair A
B. Pair B
C. Pair C
D. Pair D