Over 90 percent of adults in the United States were high school graduates in 2000
a. True b. False
Indicate whether the statement is true or false
False
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A ________ occurs when a country's imports exceed its exports
A) budget surplus B) trade deficit C) trade surplus D) fiscal deficit
If firms became more optimistic about the future of the economy, which of the following occurs?
A) Investment demand decreases, and the demand for loanable funds curve shifts leftward. B) The quantity of investment demanded increases, and there is a movement down along the demand for loanable funds curve. C) The quantity of investment demanded decreases, and there is a movement up along the demand for loanable funds curve. D) The saving decreases, and the supply of loanable funds curve shifts leftward. E) Investment demand increases, and the demand for loanable funds curve shifts rightward.
The value of currently produced final goods and services measured in current year prices is called:
A) real GDP. B) nominal GDP. C) imputed values. D) inflation.
Which of the following statements about the Supplemental Security Income (SSI) program is FALSE?
A) It is designed to establish nationwide minimum incomes for the aged, the blind, and the disabled B) Benefits are based on need. C) Recipients who receive benefit payments under Social Security are also eligible for SSI. D) It covers children and individuals with mental disabilities, including drug addicts and alcoholics.