The percentage of income transfers that go to their intended recipients and purposes refers to the
A. Target efficiency.
B. Efficiency coefficient.
C. Market efficiency.
D. Target welfare population.
Answer: A
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Refer to Figure 16-2. Suppose Plato Playhouse charges a single price of Pd for each performance. Which of the following statements is true?
A) The company is selling less than the profit-maximizing quantity in the non-student market and more than the profit-maximizing quantity in the student market. B) The company is selling less than the profit-maximizing quantity in both markets. C) The company is selling less than the profit-maximizing quantity in both markets but it is maximizing its revenue. D) The company is selling more than the profit-maximizing quantity in the non-student market and less than the profit-maximizing quantity in the student market.
U.S. residents bear the burden of unemployment equally
a. True b. False