Government programs, such as Social Security, food stamps, AFDC, SSI, Medicare, and Medicaid, that guarantee particular levels of transfer payments to all who fit the programs' criteria are called:

A. Public assistance programs

B. Social insurance programs

C. Benefit-reduction programs

D. Entitlement programs

D. Entitlement programs

Economics

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We can be more confident that standard deviation is a good measure of the risk of an asset (held in isolation) when

A) the number of different possible returns on the asset rises. B) the probabilities attached to the possible returns on the asset are less equal. C) the possible returns on the asset are distributed symmetrically around the mean. D) the asset has a longer maturity.

Economics

Refer to the data. The profit-maximizing price for the monopolist will be:


A.  $5.00.
B.  $2.90.
C.  $3.35.
D.  $4.50.

Economics