Most of the reduction in poverty rates since World War II occurred as a result of the
A. end of "welfare as we know it."
B. 1960s War On Poverty.
C. 1940s War On Poverty.
D. 1996 welfare reforms.
Answer: B
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List the major categories of tangible capital
What will be an ideal response?
The percentage of people living in urban areas decreased surprisingly between 1860 and 1910
Indicate whether the statement is true or false
Between 1860 and 1890, both daily wages and annual earnings
a. fell slightly. b. stayed roughly the same. c. increased by 10%. d. increased by 50%.
Suppose the actual and expected price levels in an economy are initially equal. However, the actual price level becomes higher due to some change in economic conditions. Which of the following will occur eventually?
a. The economy will move rightward along the short-run aggregate supply curve. b. The economy will move leftward along the short-run aggregate supply curve. c. The short-run aggregate supply curve will shift to the right. d. The short-run aggregate supply curve will shift to the left. e. The short-run aggregate supply curve will become flatter.