In the United States today, households headed by single women are more likely to be poor than:
A. Hispanic males.
B. black males.
C. married families.
D. All of these are true.
Answer: D
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Which of the following is not a social insurance program?
A. TANF (Temporary Assistance for Needy Families). B. Medicaid. C. Supplemental Security Income. D. Unemployment compensation.
The new growth theory of economic growth examines the interaction of
A) regulations and capital expansion. B) technology, research, and innovation. C) resources and labor productivity. D) labor and population.
Barth Anderson states that the 2008 "downturn in the economy has really brought a lot of people home. They don't say, 'Well, we're going to order a pizza.' They actually cook
" Assuming that restaurant meals and eating at home are substitutes for one another and only consumers' income decreases, what is TRUE? A) Restaurant meals are an inferior good and eating at home is a normal good. B) Restaurant meals are a normal good and eating at home is an inferior good. C) Restaurant meals are an inferior good and eating at home is an inferior good. D) Restaurant meals are a normal good and eating at home is a normal good.
If actual inflation is greater than expected inflation
A) the Phillips curve is a vertical line. B) real wages fall. C) real wages rise. D) the unemployment rate rises.