If the food stamp program in the United States moved from coupons redeemable for food to cash payments,
A) everyone would buy less food and more of other goods.
B) everyone would buy more food and less of other goods.
C) some people might buy less food and obtain a higher level of utility.
D) some people might buy less food and obtain a lower level of utility.
C
Economics
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When the exchange rate is allowed to shift gradually over time, or within an exchange rate band which may also shift over time, this is considered a(n):
A) fixed exchange rate. B) managed float. C) flexible exchange rate. D) none of the above.
Economics
The fact that long-run growth in the U.S. has been relatively stable is consistent with the ______ model
a. endogenous growth. b. supply-side. c. Keynesian. d. neoclassical growth. e. none of the above.
Economics