Temporary Assistance for Needy Families (TANF) is an example of a negative income tax program

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

False

Economics

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As the income of an individual increases, he can afford more leisure. This refers to the ________ of a wage increase

A) income effect B) substitution effect C) transformation effect D) opportunity cost effect

Economics

Changes in all of the following shift the supply curve of loanable funds EXCEPT

A) the real interest rate. B) wealth. C) disposable income. D) expected future income.

Economics