Aid to families with dependent children was
a. a close-to-perfect welfare or public assistance program.
b. criticized because it provided little incentive for recipients to get jobs.
c. contributing to efficient production of goods.
d. superior to a negative income tax for work incentives.
b
You might also like to view...
An HMO hires radiology services from India to cut costs. If all else remains equal, this will
A) decrease net exports. B) increase the current account balance. C) decrease the balance of trade. D) decrease the financial account.
Suppose a country that has been pegging its currency is faced with a situation where financial market participants now expect some future devaluation. In such a situation, we would generally expect which of the following to occur?
A) a reduction in the domestic interest rate B) an announcement by the central bank that a large devaluation will occur in the near future C) reduction in demand for the country's currency D) all of the above E) none of the above