Between 1989 and 1994 the poverty rate went _____.
A. down substantially
B. down slightly
C. up slightly
D. up substantially
D. up substantially
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Which of the following workers is most likely to lose his/her job during a recession?
A. Barber B. Farmer C. Baker D. Construction worker
Payments to the factors of production are
A) rent, wages, interest, and profit or loss. B) rent, mortgage, interest, and bonds. C) rent, interest, bonds, and profit or loss. D) land, labor, capital, and entrepreneurshi
An increase in the price of ink will shift the supply curve for pens to the left
a. True b. False Indicate whether the statement is true or false
When demand is elastic, an increase in price causes the seller's total revenue to:
A. decrease. B. increase. C. fall to zero. D. remain the same.