The two standard ways of defining poverty thresholds are
a. percentage of median income and basic needs
b. number of poor and quintiles
c. unearned income of the poor and and welfare
d. ratio of the poor's wealth and ratio of the poor's income
e. below minimum wage income and above minimum wage income
A
You might also like to view...
U.S. opponents of NAFTA argued that the agreement will hurt the United States. In their view, NAFTA's greatest harm will be its
A) harmonization of labor policies. B) harmonization of environmental policies. C) harmonization of the use of pesticides and herbicides. D) job destruction and downward pressure on U.S. wages. E) harmonization of product safety standards.
The maximin criterion can be defined as which of the following?
a. One seeks the maximum of the minimum payoffs to the various available strategies. b. One seeks the minimum of the maximum losses among the various available strategies. c. One seeks the maximum of the minimum losses to the various available strategies. d. One seeks the maximum of the maximum gains of the various available strategies.
Most economists think that the economy's self-correcting mechanism is
a. relatively rapid. b. rapid in the short run and sluggish in the long run. c. sluggish in the short run and rapid in the long run. d. relatively sluggish.
The graph for a monopolist’s profit shows that PM ? ATC (price minus average total cost) gives the per-unit profit, which is ______.
a. $2
b. $3
c. $4
d. $6