An example of an in-kind transfer to the poor is
a. the negative income tax.
b. the Earned Income Tax Credit (EITC).
c. Medicaid.
d. Temporary Assistance for Needy Families (TANF).
c
Economics
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The cost of stimulating the economy in the 1970s was:
A. high inflation and low unemployment for most of the 1980s. B. a severe recession with high unemployment in the 1980s. C. high inflation and high unemployment for most of the 1980s. D. a mild recession with modest unemployment in the 1980s.
Economics
An increase in the money supply will reduce interest rates and increase the price of bonds.
a. true b. false
Economics