The U.S. switched from being a creditor nation to a debtor nation in:
a. the 1970s
b. the 1980s
c. the 1990s
d. 2008-2009
b
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A group of firms acting together to limit output, raise price, and increase economic profit is a called a
A) duopoly. B) monopolistic oligopoly. C) competitive oligopoly. D) cartel. E) multi-firm competitive monopoly.
At a fair carnival roulette wheel, a player can either win $10, $30, or $80 . If the player were to be made indifferent between playing the game or not, how much should the owner charge him?
a. $30 b. $40 c. $50 d. $80
Which of the following statements is correct about Temporary Assistance to Needy Families (TANF)?
A. Families may not receive benefits for longer than 60 months. B. The Federal program determines eligibility and benefit levels with no discretion left to the state. C. Unwed teenage parents receiving benefits must live in public housing. D. Parents with children under age one must work 20 hours per week to receive benefits.
The International Monetary Fund was founded in _____.?
Fill in the blank(s) with the appropriate word(s).