The Temporary Assistance for Needy Families (TANF) program _____.
(A) Provides benefits to a family for ten years.
(B) Can only provide jobs for individuals in an enterprise zone.
(C) Only provides cash assistance to poor families.
(D) Provides work in exchange for temporary assistance.
Ans: (D) Provides work in exchange for temporary assistance.
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If the Fed fears inflation, it ________ by ________ government securities
A) decreases aggregate supply; selling B) decreases aggregate demand; selling C) increases aggregate supply; buying D) decreases aggregate supply; buying E) increases aggregate demand; selling
A government airline safety regulation reduces the probability of a fatal airline crash by 0.005. If the costs associated with each airplane crash are equal to $600 million and the costs of performing more frequent safety inspections equal $4 million, the regulation is:
A. cost-effective because the marginal cost is $3 million and the marginal benefit is $4 million. B. cost-effective because the marginal cost is $4 million and the marginal benefit is $600 million. C. not cost-effective because the marginal cost is $4 million and the marginal benefit is $3 million. D. not cost-effective because the marginal cost is $4 million and the marginal benefit is $1 million.