In New York City,Mayor Michael Bloomberg Has Recently Recommend That

question 200

Multiple Choice

In New York City,Mayor Michael Bloomberg has recently recommend that the city,with the help of private donors,make cash payments to poor and underprivileged parents who can certify that their children are attending school on a regular basis.The payments would start after third grade and go through high school,rising each year as dropout rates get higher and a child's forgone earning potential is higher.What economic concept does this policy represent?

• A) public goods
• B) technological progress
• C) externalities
• D) the "invisible hand"
• E) incentives

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Definitions:

Olecranon Process

The bony prominence at the elbow, on the upper end of the ulna, that forms the point of the elbow.

Elbow

The elbow is a joint connecting the forearm to the upper arm, allowing for the bending and straightening of the arm.

Styloid Process

The styloid process is a slender, pointed projection of bone that extends from the temporal bone of the skull, where it serves as a point of attachment for muscles associated with the tongue and throat.

Radius

One of the two main bones of the forearm, situated on the lateral side (thumb side) of the arm and plays a crucial role in wrist movement.