Temporary Assistance for Needy Families and Supplemental Security Income are

a. cash transfers for income assistance
b. cash transfers for social insurance
c. in-kind transfers for income assistance
d. in-kind transfers for social insurance
e. intended to provide health care for the poor

A

Economics

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Overproduction compared to the efficient amount implies that for the last unit produced

A) marginal social benefit exceeds marginal social cost. B) marginal social benefit equals marginal social cost. C) marginal social cost exceeds marginal social benefit. D) the deadweight loss is zero.

Economics

In the United States, a collusive agreement to restrict output and increases prices is

A) legal. B) the key tool used by oligopolists. C) illegal. D) the key tool used by monopolistic competitors.

Economics