In 2017, approximately what percent of Americans were below the poverty line?
A. 2 percent.
B. 8 percent.
C. 36 percent.
D. 12 percent.
Answer: D
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Fiscal policy is the manipulation of government spending and taxes
a. True b. False Indicate whether the statement is true or false
Which of the following is a major area of study for economist?
a. how people make decisions b. the design of recycling water c. the best way to design a nature reserve d. how countries choose national leaders
When the US government engages in deficit spending, that spending is primarily financed by
(a) increasing the required reserve ratio (b) borrowing from the World Bank (c) issuing new bonds (d) appreciating the value of the dollar (e) depreciating the value of the dollar
Suppose that only one curve shifts. If you observe that the equilibrium price increased while the equilibrium quantity decreased, then the market experienced a/an:
A. decrease in supply. B. increase in demand C. increase in supply. D. decrease in demand.