Food stamps and Medicaid are examples of
a. money transfers
b. resource earnings
c. in-kind transfers
d. tax expenditures
e. capital gains
C
Economics
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Refer to Figure 5-16. How much is Bree willing to pay per street light to have 4 street lights installed?
A) $1,500 B) $1,800 C) $2,700 D) $7,200
Economics
Refer to the above diagram. The economy is at equilibrium at point A. What fiscal policy would be most appropriate to control demand-pull inflation?
A. Decrease aggregate demand by increasing taxes. B. Increase aggregate demand by increasing government spending. C. Increase aggregate demand by decreasing taxes. D. Decrease aggregate supply by increasing taxes.
Economics