The main transfer programs of the U.S. government include each of the following, except:
a. social insurance.
b. cash welfare or public assistance.
c. in-kind transfers.
d. veterans' benefits.
e. employment programs.
d
Economics
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Based on the figure below. Starting from long-run equilibrium at point C, a tax increase that decreases aggregate demand from AD1 to AD will lead to a short-run equilibrium at point ________ and eventually to a long-run equilibrium at point ________, if left to self-correcting tendencies.
A. D; C B. D; B C. A; B D. B; C
Economics
Which of the following is most important if a country wants to move from a low-income to a high-income status?
What will be an ideal response?
Economics