The US government began tracking poverty in the late:
A. 1950s.
B. 1960s.
C. 1970s.
D. 1940s.
A. 1950s.
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If the exchange rate measured in euros per dollar increases, then
A) the dollar depreciates relative to the euro. B) the euro appreciates relative to the dollar. C) the euro depreciates relative to the dollar. D) neither currency appreciates or depreciates.
Which of the following is true of a "vanilla" bond?
a. It realizes capital gains in multiples of $1,000. b. It provides a fluctuating stream of interest income every year. c. It assures a return higher than the market rate of interest. d. It has a par value payable after a certain number of years from its issuance.
The concept of aggregate supply refers to a
a. fixed number of output. b. list of products demanded. c. schedule of output. d. schedule of production costs.
In year 1 the CPI is 140, and in year 2 the CPI is 160. From year 1 to year 2, Chiang's salary rises from $42,000 to $49,000, and Marta's salary rises from $55,000 to $60,000. Who is "more than keeping up with inflation"?
A) Marta B) Chiang C) both Marta and Chiang D) neither Marta nor Chiang