Which of the following benefits is counted as income when the official poverty rate is calculated?

a. Medicaid benefits
b. food stamps
c. public housing benefits
d. none of the above
e. all of the above

D

Economics

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The product approach to calculating GDP

A) adds together the market values of final goods and services produced by domestic and foreign-owned factors of production within the nation in some time period. B) includes the market value of goods and services produced by households for their own consumption but excludes the value of the underground economy. C) is superior to the income approach because, unlike the income approach, it gives us the real value of output. D) adds together the market values of final goods, intermediate goods, and goods added to inventories.

Economics

Using forward transactions allows

A) holders of common stock to lock in future dividend payments. B) the federal government to stabilize fluctuations in tax receipts. C) corporations to reduce problems arising from future fluctuations in their dividend payments. D) both buyers and sellers to reduce risks associated with price fluctuations.

Economics