A system in which anyone collecting antipoverty program benefits must accept a government-provided job is called

workfare

Economics

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Mr. Smith earned a salary of $5,000 in in 1980 while his son earned a salary of $8,000 in 2010. If the price index for 1980 was 100 and that for 2010 was 198, whose salary was worth more? Explain your answer

What will be an ideal response?

Economics

In a reserve currency system (such as the Bretton Woods system or the European ERM), currencies peg to a reserve currency. As a result:

A) only the reserve currency country has monetary autonomy. B) all countries, other than the reserve currency country, have monetary autonomy. C) all countries have monetary autonomy. D) no country has monetary autonomy.

Economics