On average throughout the United States,
a. almost all individuals leaving welfare had jobs
b. day-care shortages arose as individuals left welfare for work
c. only about half the individuals leaving welfare had jobs
d. former welfare recipients who are now working find that they no longer qualify for food stamps, child care, or Medicaid
e. welfare rolls remained stable during the late 1990s and early twenty-first century.
C
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Two emerging trends in 1990s macroeconomic thinking are that fiscal policy should be designed according to its ________ consequences and that monetary aggregates ________ useful in the conduct of monetary policy
A) short-run stabilization, are no longer B) short-run stabilization, continue to be C) long-run growth, are no longer D) long-run growth, continue to be
The amount a family can take in deductions is the larger of
A. their exemptions and their itemized deductions. B. their exemptions and their capital gains. C. their standard deduction and their itemized deductions. D. their exemptions and the standard deduction.