Which statement is true?
A. Virtually all of the poor receive public assistance, but not food stamps.
B. Virtually all of the poor receive food stamps, but not public assistance.
C. Virtually all of the poor receive public assistance and food stamps.
D. None of these statements are true.
D. None of these statements are true.
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When lumber from Brazilian forests is used by a U.S.-owned company to produce furniture in Canada, the value of the furniture produced will be counted as a final good in
A) Canada's GDP. B) U.S. GDP. C) Brazil's GNP. D) Brazil's GDP.
Prices, on average, increased in the food market; the demand for food had simply grown faster than supply from the end of the Civil War in 1865 to the beginning of World War I in 1913
Indicate whether the statement is true or false
If C = $7,000 . + 0.75(Y) and intended investment is $2,000 . then the equilibrium level of national income will be
a. $1,500 b. $5,142 c. $36,000 d. $9,500 e. $9,000
Which is the fastest growing component of the federal government budget?
A. spending on the military and the war on terrorism B. spending to improve the nation's public education C. spending on entitlements D. spending to improve and expand the nation's infrastructure