Which of the following institutions has the responsibility for distributing currency and coins to the U.S. banking system?
A) the Office of the Comptroller of the Currency
B) the Federal Reserve System
C) the U.S. Bureau of Engraving and Printing
D) the U.S. Treasury Department
B
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The law that created the high level of tariffs in United States in the 1930s is
A) the GATT Act. B) the World Trade Act. C) the Smoot-Hawley Act. D) the Tariffs Agreement Act.
Which of the following statements is not correct?
a. Welfare programs may encourage illegitimate births. b. The decline in welfare benefits since the 1970s has been associated with a decline in the percentage of children living with a single parent. c. Welfare programs may reduce incentives for people to work. d. A negative income tax program uses tax revenues collected from high-income families to provide cash subsidies to low-income families.