Which statement is false?
A. The poverty rate was lower in 2009 than it was in 2000.
B. The poverty rate for children under 18 is higher than the poverty rate for people over 65.
C. The poverty rate today is higher than it was in 2006.
D. The poverty rate for Hispanics is three times that of whites.
A. The poverty rate was lower in 2009 than it was in 2000.
You might also like to view...
A government budget deficit affects the supply of loanable funds, rather than the demand for loanable funds, because
a. in our model of the loanable funds market, we define "loanable funds" as the flow of resources available to fund private investment. b. in our model of the loanable funds market, we define "loanable funds" as the flow of resources available from private saving. c. markets for government debt are fundamentally different from markets for private debt. d. of our assumption that the economy is closed.
To economists, a game is:
A. a trivial pursuit that should not be used to analyze the economy or its actors. B. any situation in which players pursue strategies designed to achieve their goals. C. a way to simplify and minimize the true importance of situations like war. D. All of these statements are true.
Given the table below, what is average total cost when 200 units of output are produced? 
A. $4.00 B. $2.30 C. $2.50 D. $4.80 E. none of the above
We assume flexible prices in the long run, but whenever it is costly to change prices (menu costs) or when there are long-term contracts for labor or capital:
a. short-run prices tend to be flexible. b. short-run prices tend to be sticky. c. long-run prices tend to be sticky. d. firms have to pay higher costs and therefore have to raise prices.