The public assistance program that economists believe can promote economic equality at the least cost in economic efficiency is
a. Aid to Families with Dependent Children (AFDC).
b. a negative income tax (NIT).
c. food stamps.
d. Medicaid.
b
Economics
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A glass company making windows for houses also makes windows for other things (cars, boats, stores, etc.). We would expect its supply curve for house windows to be:
A. Dependent on the demand for boat and plane windows B. No different than that of firms which only make those windows C. Relatively more elastic than those of firms which only make house windows D. Relatively more inelastic than those of firms which only make house windows
Economics
If the CPI was 160 in 2008 and 40 in 2005, the cost of living was:
What will be an ideal response?
Economics