The official poverty measurements include a family's "in-kind" income
Indicate whether the statement is true or false
F
You might also like to view...
The statement, “Supply creates its own demand,” is also known as
a. Keynes’ law. b. neoclassical economics. c. Say’s law. d. Adam Smith’s law.
Which of the following four elements contribute to GDP in the expenditure approach?
a. Consumption spending, private investment, government purchases, net exports b. Consumption spending, business investment, government purchases, imports c. Consumption of services, private investment, government consumption, exports d. Consumption of goods, private investment, government investment, government consumption e. Consumption of durable goods, private investment, government purchases, net exports
The value of the deposit multiplier is increased if individuals hold all their money in cash.
Answer the following statement true (T) or false (F)
Refer to the information provided in Figure 7.11 below to answer the question(s) that follow. 
Figure 7.11
Refer to Figure 7.11. If the isocost line represents a total cost of $7,200, the firm's cost of capital is ________ per unit and its cost of labor is ________ per unit.
A. $36; $72 B. $144; $72 C. $72; $36 D. $200; $100