The reform of the welfare system passed by Congress and signed by President Clinton changed the benefits for welfare recipients as it
a. decreased the number of people eligible for benefits, increased the benefit amount for those still eligible, and set a maximum coverage period of five years
b. decreased the number of people eligible for benefits, cut the benefit amount for those still eligible, and set a maximum coverage period of three years
c. increased the number of people eligible for benefits, cut the benefit amount for those still eligible, and set a maximum coverage period of three years
d. decreased the number of people eligible for benefits, cut the benefit amount for those still eligible, and set a maximum coverage period of five years
e. froze the number of people eligible for benefits, cut the benefit amount for those still eligible, and set a maximum coverage period of three years
D
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With fixed exchange rates and capital mobility:
a. interest rates in the home country and in foreign countries are equalized. b. interest rates in the home country are higher. c. interest rates in foreign countries are higher. d. monetary policy maintains its autonomy.
How does the federal government influence the flow of goods and services into the country and, consequently, create extra profitability or rents in domestic production that would not have been there under free market conditions?
(a) tariffs (b) minimum wage laws (c) control of the public domain (d) federal income taxes