The government program that provides aid to families in need is

A) TANF.
B) Social Security program.
C) Supplemental Security Income program.
D) Earned Income Tax Credit.

Answer: A

Economics

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If the price index was 100 in 2000 and 120 in 2010, and nominal GDP was $360 billion in 2000 and $480 billion in 2010, then the value of 2010 GDP in terms of 2000 dollars would be

A) $300 billion. B) $384 billion. C) $400 billion. D) $424 billion.

Economics

According to the above figure, a shortage will occur at a price at which

A) quantity demanded equals quantity supplied. B) quantity demanded exceeds quantity supplied. C) quantity supplied exceeds quantity demanded. D) government sets a price above equilibrium.

Economics