Which of the following is a microeconomic question?
A) Should Congress and the president take action to reduce the unemployment rate?
B) Why do some countries have higher economic growth rates than other countries?
C) Should companies pay for employees' health insurance?
D) Should the Fed attempt to influence the interest rate to control potential inflation?
C
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The largest in-kind transfer received by the poor households in the U.S. is:
a. Old-Age, Survivors, and Disability Insurance. b. the Head Start special education program for poor children. c. Medicaid, which provides long-term medical care for the poor. d. the food stamp program, which distributes food coupons to poor households. e. Temporary Assistance for Needy Families.
The Board of Governors of the Federal Reserve serves on a larger policy-making group called the House Banking Committee
Indicate whether the statement is true or false