Data indicate that the large increase in government spending on income transfers that started with the War on Poverty during the latter half of the 1960s has resulted in

a. a substantial reduction in the poverty rate.
b. a more equal distribution of income.
c. fewer single-parent families because a married couple receives benefits twice as large.
d. little change in the official poverty rate.

D

Economics

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"Being the only seller in the market, the monopolist can choose any price and quantity it desires." Evaluate this statement: Is it true or false? Explain your answer

What will be an ideal response?

Economics

Country A limits other nation's exports to Country A to 1,000 tons of coal annually. This is an example of a(n):

A. protective tariff. B. export subsidy. C. import quota. D. voluntary export restriction.

Economics