Reference no: EM13696775
1. Social Security & Medicare programs are sometimes known as:
a. Social extensions.
b. Entitlement programs.
c. Free money
d. Bonus programs.
e. Compensation programs.
2. A major difference between social insurance and income assistance programs is that:
a. Social insurance program are run by the states, and income assistance programs are fun by the federal government.
b. Funding for social insurance programs comes exclusively from the federal government, while income assistance programs are funded both at the state and federal levels.
c. Payments in social insurance programs are related to previous contribution to the programs, while payments in income assistance programs are not.
d. Social insurance programs are available only to households with children.
e. Income assistance programs are available only to households without children.
3. If a person’s wage decreases: (HINT: Where would you spend most of your time if unemployed?)
a. His marginal value product curve will shift to the left.
b. His marginal value product curve will shift to the right.
c. There will be a movement to the northwest along the marginal value product curve.
d. There will be more household work done or time spent at leisure
e. The slope of the marginal value product curve will increase.
4. The primary reason that poverty declined is:?
a) Strong economic growth
b) A decrease in discrimination
c) An increase in welfare programs
d) An increase in social insurance programs
e) An increase in the inflation rate
5. The wage gap between minority and non-minority workers?
a) Is zero when you control for education
b) is higher
c) has decreased only among males
d) has decreased somewhat when there is a growing economy and more jobs
e) has increased among full-time workers
6. Which is not a group that supports the special interests of the elderly?
a) The elderly themselves
b) The relatives of the elderly
c) American Association of Retired Persons (AARP)
d) Doctors and nursing home operators
e) The Generation Xers'
|
Show on a graph the effect of an increase in income
: Find Timothy's demand curve for good x, and plot on a graph Show on a graph the effect of an increase in income on consumption of both x and y using the income consumption curve. Is x an inferior good or a normal good?.
|
|
Especially beneficial impact on development prospects
: How can improvements in the role and status of women have an especially beneficial impact on development prospects? (Chapters 5, 6, 7, 8, 9, and 10)?
|
|
Paradox of savings in the medium run
: There is no paradox of savings (of thrift) in the medium run. Even in a liquidity trap, wage and price deflation will stimulate production and therefore real income
|
|
Sources of national and international economic growth
: What are the sources of national and international economic growth? Who benefits from such growth and why? Why do some countries make rapid progress toward development while many others remain poor? (Chapters 2, 3, and 4)
|
|
Wage gap between minority and non-minority workers
: Social Security & Medicare programs are sometimes known as: A major difference between social insurance and income assistance programs is that: The primary reason that poverty declined is:? The wage gap between minority and non-minority workers?
|
|
The fun back in dysfunctional families
: Putting the "Fun" Back in "Dysfunctional Families"
|
|
Globalization provides coke and pepsi with both unique
: Globalization provides Coke and Pepsi with both unique challenges as well as opportunities at the same time. It seems to a certain extent globalization has changed the industry structure but because of which factors? What are the factors? Outc..
|
|
Discuss a team project in which you participated
: Discuss a team project in which you participated. Was there a WBS? If so, what was your experience? If not, share how the project could have been improved by using this approach.
|
|
Required by the contract except grading and paving
: Harte contracted with Connolly to install a new roof on Connolly’s house. It was agreed that the roofing shingles were to be “russet glow” a shade of brown. The roof was installed, and many of the shingles were discoloured showing streaks of yellow.
|