In a typical 10-year period, about one in four families falls below the poverty line in at least one year. What percentage of families are poor for eight or more years?
fewer than 3%
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What is meant by "tax incidence"?
What will be an ideal response?
If Martina's income increases and, as a result, she chooses to buy more lattés per month at each price, then her demand curve will
a. shift to the right. b. shift to the left. c. not shift; instead, Martina will move along her demand curve downward and to the right. d. not shift; instead, Martina will move along her demand curve upward and to the left.
In the Keynesian view, the main source of economic fluctuations is
A) interest rates. B) investment. C) consumption. D) inflation.
Which of the following is a component part of investment spending?
A) the purchase of a new microwave by a fast food restaurant B) the purchase of 500 shares of corporate stock C) the sale of 500 shares of corporate stock D) all of the above