The Personal Responsibility and Work Opportunity Act of 1996 Established

question 126

Multiple Choice

The Personal Responsibility and Work Opportunity Act of 1996 established time limits for welfare dependence and caused aggregate:

• A) Demand to shift to the right.
• B) Demand to shift to the left.
• C) Supply to shift to the right.
• D) Supply to shift to the left.

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Definitions:

Inevitable

Something that is certain to happen and cannot be prevented or avoided.

Illusory Correlations

The perception of a relationship between two variables when none actually exists.

Memory Biases

The tendency for memory to be distorted by previous experiences, desires, or the current emotional state.

Representativeness Heuristic

A belief that outcomes will always reflect characteristics of the process that generated them (e.g., an expectation that the outcome of a series of coin flips will always look random).