A key to creating effective policy to fight poverty is to understand:
A. the correlation between education and income.
B. the correlation between income and geographic location.
C. why people are poor.
D. the unintended consequences of reductions in the incentive to work.
Answer: C
Economics
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Refer to Figure 8.1. If Charla and Mirna agree to pay each other $350 to install the pollution-control device on their heating systems, the payoffs in the upper-right and lower-left cells in the payoff matrix would become
A) +350, +350. B) +140, +140. C) -560, -560. D) +840, +840.
Economics
A reduction in the capital gains tax, often advocated by proponents of supply-side economics, is supposed to stimulate increased
a. consumer spending. b. net exports. c. investment spending. d. government spending.
Economics