According to Kathryn Edin and Laura Lein, virtually all poor single mothers supplemented their income with money from _______________________.
Fill in the blank(s) with the appropriate word(s).
relatives, boyfriends, or the absent father of their children
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Purchasing power parity implies:
A. a basket of goods will sell for the same price in all countries as long as there are no trade barriers is a free flow of capital across borders. B. a basket of goods should sell for the same price in all countries, even if trade barriers exist. C. as long as all goods and services are traded freely across international boundaries, one unit of domestic currency should buy the same basket of goods anywhere in the world. D. a basket of goods cannot sell for the same price in different countries due to the different wage rates.
The price index that measures the average rate of change in the prices received by domestic producers of goods and services is called the:
A. GDP deflator. B. PCE deflator. C. CPI. D. PPI.
Who said the nation was "ill-fed, ill-clothed, and ill-housed?"
A. Herbert Hoover B. Franklin D. Roosevelt C. Lyndon B. Johnson D. Jimmy Carter
If Samsung sells TVs at a higher price in the United States than in Korea, and if there is no cost difference in producing or transporting the TV sets, Samsung would be practicing
A) cartel pricing. B) price discrimination. C) simple monopoly behavior. D) price differentiation.