Economists Cox and Alm compared the gap between rich and poor and found that the richest 20% was about 15 times better off than the poorest 20% when they compared what data?
Income before taxes
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Among those who became permanent legal residents of the U.S. in 2011, about how many were family sponsored?
A. 65% B. 40% C. 33% D. 25%
The rationale for rent control is that it protects moderate- to low-income families from the burden of rapidly rising rents and from eviction if they are unable to pay. It also prevents landlords from reaping windfalls as property values rise. Opponents note that rent controls usually lead to a reduced supply of rental housing and shortages. The proponents of rent controls support them primarily on the grounds of
A. efficiency. B. equality. C. externalities. D. cost disease of services.
The total market value of production in an economy must equal total:
A. profits. B. spending on final goods and services. C. consumption. D. revenues from all transactions.
Unexpectedly high inflation tends to hurt _______ most.
A. businesses B. borrowers C. policy makers D. lenders