Aid to Families with Dependent Children was a government program with the goal of:

A. redistribution.
B. social insurance.
C. economic growth.
D. None of these is true.

A. redistribution.

Economics

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A positive economic statement simply describes what is

Indicate whether the statement is true or false

Economics

A firm purchases $400,000 worth of raw materials and pays wages and salaries of $300,000 and dividends of $100,000 . If the firm sells its output for $1 million, the firm's value added to GDP is

a. $400,000. b. $600,000. c. $800,000. d. $1,000,000.

Economics