The government defines the poverty line as
A. the lowest income quintile (20%).
B. those receiving public assistance or eligible for public assistance.
C. anyone who does not have to pay federal income tax.
D. a minimum dollar amount of income, depending on family size.
D. a minimum dollar amount of income, depending on family size.
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The price a borrower must pay for the use of other people's money is called
A) a dividend. B) financial capital. C) liquidity. D) interest.
The formula for the slope across an arc is used to approximate the slope for
A) linear relationships only. B) a curved line. C) a positive relationship only. D) a negative relationship only.
Protective tariffs help a nation reach which of the following goals?
a. Decreased domestic consumer prices. b. Increased domestic employment. c. Increased amount of goods for consumers to purchase. d. Increased competition among domestic and foreign producers. e. None of these.
Karl Marx was a(n):
a. 19th century German philosopher. b. 18th century Russian economist. c. 14th century Polish banker. d. 19th century Russian journalist.