Through its anti-poverty programs, the U.S. currently spends $789 billion attempting to
A. "end welfare as we know it."
B. increase the median educational attainment of welfare recipients by two years.
C. achieve European standards of bureaucratic efficiency.
D. eliminate a "poverty gap" of only $96 billion.
Answer: D
Economics
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According to John Maynard Keynes,
A) Say's Law is always correct. B) prices and wages move up and down freely. C) effective demand determines real GDP. D) a free market economy automatically finds equilibrium at full employment. E) supply creates its own demand.
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All of the following are benefits of economic growth except
What will be an ideal response?
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