If we include cash benefits and in-kind benefits available to low-income people, the share of the U.S. population in poverty

A) drops dramatically.
B) increases somewhat.
C) increases dramatically.
D) does not change.

Answer: A

Economics

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A bank with $200 million in transaction deposits keeps $20 million in cash in the bank vault, $10 million in deposits at the Fed, and $5 million in government securities in the bank vault. Its total reserves equal

A) $30 million. B) $10 million. C) $20 million. D) $35 million.

Economics

Which of the following is not a typical goal of bureaucrats?

a. increasing the size of their bureaus b. gaining prestige c. increasing the size of their staffs d. increasing their bureaus' budgets e. achieving greater efficiency

Economics