The official poverty rate for the United States is currently set at ____ times the cost of providing a nutritionally adequate diet
a. two
b. three
c. five
d. eight
b
You might also like to view...
If there are strong expectations of future economic growth in Cuba, then the
a. Cuban economy will move to the right along its existing consumption curve b. Cuban economy will move to the left along its existing consumption curve c. consumption curve in Cuba will shift downward d. consumption curve in Cuba will shift upward e. investment curve in Cuba will shift upward
Fixed exchange rates are determined in free markets by the forces of demand and supply
a. True b. False Indicate whether the statement is true or false
If the nominal interest rate is 7 percent and the real interest rate is -2.5 percent, then the inflation rate is
a. -9.5 percent. b. -4.5 percent. c. 4.5 percent. d. 9.5 percent.
Comparative advantage is the ability of a country to produce a good at a higher opportunity cost relative to other countries
Indicate whether the statement is true or false