Government assistance to the poor in the United States
A. has eliminated poverty in the nation.
B. is available to all persons whose income is below the poverty income threshold.
C. is available in most cases only to the poor who are elderly, disabled, or families with children.
D. is always in the form of cash.
C. is available in most cases only to the poor who are elderly, disabled, or families with children.
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If the discouraged workers were included in the labor force,
a. the unemployment rate would fall. b. the labor force would decrease. c. the employment rate would rise. d. the unemployment rate would rise.
Because many resource prices are set by long-term contracts, in the short run
a. costs will increase by more than product prices when demand increases. b. costs will decrease when the demand for products increases. c. costs will increase by less than product prices when demand increases. d. costs will decrease by more than product prices when demand decreases.