Redistribution programs create a disincentive to work among
A) taxpayers only.
B) benefit recipients only.
C) both taxpayers and benefit recipients.
D) neither taxpayers nor benefit recipients.
C
Economics
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If the U.S. government starts to sell off its stockpile of cheese,
a. consumers will be less willing to purchase cheese. b. the equilibrium quantity demanded will rise. c. farmers will hoard the cheese they produce. d. the quantity of cheese that spoils before sale will rise.
Economics
A production possibilities frontier with a ________ shape indicates increasing opportunity costs as more and more of one good is produced
A) linear B) bowed inward C) bowed outward D) perfectly horizontal
Economics