The person most closely associated with a conservative theory of poverty is

A. Charles Murray.
B. William Julius Wilson.
C. Frances Fox Piven.
D. Barbara Ehrenreich.


A. Charles Murray.

Economics

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"Crowding-out" occurs in the IS-LM model as rising government spending requires a ________ in the interest rate in order to ________ the demand for money at the new equilibrium, thus ________ planned private investment

A) rise, keep constant, lowering B) rise, raise, lowering C) rise, lower, raising D) fall, keep constant, raising E) fall, raise, lowering

Economics

Which of the following involves either the buyer or the seller of a product having more information about the quality or price of the product than the other party?

a. Asymmetric information b. Imperfect information c. Risk assessment d. Adverse selection

Economics

Refer to Figure 2.1. A movement from point a to point c is most likely caused by:



A. a decrease in the price of the good.

B. an increase in consumers' incomes, assuming the good is normal.

C. a decrease in the price of a complementary good.

D. an increase in the price of the good.

Economics

Industrialized countries generally have higher levels of educational attainment compared with poorer countries.

Answer the following statement true (T) or false (F)

Economics