Measured in dollar terms, the two largest U.S. antipoverty programs are

a. cash transfers and medical care
b. cash transfers and food assistance
c. food and housing assistance
d. medical care and food assistance
e. medical care and housing assistance

A

Economics

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In the long run, a monopolistically competitive firm has market power but earns no profit.

Indicate whether the statement is true or false.

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If the size of a tax triples, the deadweight loss increases by a factor of six

a. True b. False Indicate whether the statement is true or false

Economics