Once the criterion for receipt of an income transfer is established, a. only those people whom the transfer is intended to help will qualify for the transfer. b. the net gain derived by the transfer recipients will exceed the spending on the transfer program. c. the incentive to modify behavior in order to qualify for the transfer decreases. d. people will modify their behavior in order to qualify for the transfer, decreasing their net gain from the transfer.

The strength of the economy depends on the balance pf production and consumption of goods and consumption of goods and services

Consider the market for gasoline. suppose that, in a competitive market without government regulations, the equilibrium price of gasoline is $3.00 per gallon, and employees at gas stations earn $17.50 per hour. complete the following table by indicating whether each of the statements is an example of a price ceiling or a price floor and whether it results in a shortage or a surplus or has no effect on the price and quantity that prevail in the market. statement price control effect the government has instituted a legal minimum price of $3.40 per gallon for gasoline. the government prohibits gas stations from selling gasoline for more than $3.40 per gallon. due to new regulations, gas stations that would like to pay better wages in order to hire more workers are prohibited from paying more than $14.50 per hour.

Post test question number 9 for entering the job market