Which of the following is a social insurance program?
a. Medicaid
b. Food stamps
c. Social Security
d. Temporary Assistance for Needy Families
e. FDIC
C
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The expansion of human capital and the discovery of new technologies ________ because ________
A) decrease real GDP; they shift the productivity curve downward B) increase real GDP; they result in a movement upward along the productivity curve C) increase real GDP; they shift the productivity curve downward D) increase real GDP; they shift the productivity curve upward E) decrease real GDP; they shift the productivity curve upward
Choose one of the arguments countries generally use to justify protection for a particular industry. Describe the argument and any inherent problems with it. Is the argument primarily an economic or a noneconomic one?
What will be an ideal response?