The TANF program is generally thought of as being a success because _____
a. welfare rolls have declined significantly since its inception
b. welfare spending has declined significantly since its inception
c. is similar to the AFDC program while being strictly means-tested
d. a and b
a
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To compensate for the possibility of indirect crowding out, a government engaging in expansionary policy aimed at eliminating a recessionary gap could
A) reduce taxes rather than increase government spending. B) increase spending less than the simplest Keynesian model would predict. C) both reduce taxes and reduce spending to be able to achieve full employment. D) increase spending more than the simplest Keynesian model would predict.
When a government imposes a tariff on imported beer, cooperative surplus ________ and society gets ________
A) increases; richer B) increases; poorer C) decreases; richer D) decreases; poorer