The official number of poor in the United States
A) is higher today than at any other time in our history.
B) has risen steadily since 1981.
C) was lowest in the late 1960s.
D) is lowest today.
Answer: C
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The period in the business cycle from a peak down to a trough is referred to as a(n)
A. boom. B. expansion. C. inflation. D. recession.
Which of the following type of funds cater to wealthy individuals, are not bound by government regulations, and are actively traded in foreign exchange markets?
A) pension funds B) mutual funds C) hedge funds D) exchange funds
In China: a farmer could not go to work and live in a city without city Hukou
a. True b. False
When actual output is greater than potential output there is a(n):
A. expansionary gap. B. recessionary gap. C. budget surplus. D. budget deficit.