Cash distributions made by government to individuals when no good or service is received in exchange are known as __________.

Which of the following is a good that might not be bought when prices rise?

a) complement b) substitute c) inferior good d) luxury

Which of the following policies would NOT affect the natural unemployment rate?

A) a reduction in minimum wages B) an increase in public-service employment C) an increase in subsidized private employment D) a reduction sales taxes