Which one of these groups has the highest poverty rate?
A. The elderly
B. Children
C. White males over 50
D. Working class women
B. Children
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Which aggregate expenditure categories are influenced by the level of real GDP?
A) investment and government expenditures on goods and services B) consumption and government expenditures on goods and services C) consumption and investment D) imports and exports E) consumption and imports
Which of the following best describes circumstances surrounding the breakdown of the Bretton Woods system?
a. The United States was enjoying a persistent trade surplus. b. There was too much dependence on the dollar because no other country had a stable currency. c. Germany, with its strong currency, refused to defend the dollar. d. Speculators were betting on the fall of the dollar. e. All the other nations basically wished their currencies to appreciate, which was impossible under the system.
Which of the following is not a reason unions became much less effective in the 1990s?
A. Greater competition in domestic markets B. Increased foreign competition C. Downsizing by American firms D. Increased regulatory scrutiny
Liquidity refers to:
A. A company’s cash availability B. A company’s amount of financial leverage C. A company’s ability to meet its debt obligations D. A company’s ability to generate sales from use of its assets E. A company’s operating cycle