Government vouchers to purchase food, also known as food stamps, are an example of

A) an in-kind transfer.
B) life-cycle income.
C) a negative income tax.
D) permanent income.

Small informal groups exert minimal influence on individual consumers.

Purves Corporation is using a predetermined overhead rate that was based on estimated total fixed manufacturing overhead of $121,000 and 10,000 direct labor-hours for the period. The company incurred actual total fixed manufacturing overhead of $113,000 and 10,900 total direct labor-hours during the period. The predetermined overhead rate is closest to:

A) $10.37
B) $12.10
C) $11.10
D) $11.30

A shortage will occur if a ________ is set ________ the equilibrium price.

A) price floor; below
B) price floor; above
C) price ceiling; above
D) price ceiling; below

In an effective work group, maintenance functions tend to reduce togetherness, cooperation, and teamwork.