The official dividing line between the poor and nonpoor is called the
a. life threshold.
b. life edge.
c. poverty line.
d. beginning line.
c
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Use the following table to answer the question below.Alexandra's Production Possibilities ScheduleNatalia's Production Possibilities ScheduleNumber of Scarfs Knitted per dayNumber of Sweaters Knitted per dayNumber of Scarfs Knitted per hourNumber of Sweaters Knitted per hour040433236242916112080If they are given 2 days to work how many scarves could Alexandra make if she spent the whole time knitting scarves?
A. 8 B. 12 C. 24 D. 16
Economists who have studied the Phillips curve have concluded that it can shift due to all of the following EXCEPT
A) demand shocks. B) supply shocks. C) changes in household expectations of inflation. D) changes in firms' expectations of inflation.
Based on the table for the federal tax burden, the lowest 20% of earners pays about what percent of total federal taxes?
a. 1.0
b. 4.2
c. 4.4
d. 52.1
Refer to the information provided in Figure 1.1 below to answer the question(s) that follow.
Figure 1.1Refer to Figure 1.1. The relationship between the daily temperature and the number of gallons of ice cream purchased demonstrates
A. an infinite slope. B. a positive slope. C. a zero slope. D. a negative slope.