Research shows programs like unemployment insurance, disability or health insurance, and job training can be effective in fighting:
A. both transient and chronic poverty.
B. transient poverty, but not chronic poverty.
C. chronic poverty, but not transient poverty.
D. neither transient nor chronic poverty.
B. transient poverty, but not chronic poverty.
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If foreign investment in the United States exceeds U.S. investment abroad, there is a ________; and when U.S. investment abroad exceeds foreign investment in the United States, there is ________
A) current account surplus; a current account deficit B) current account surplus; an official accounts surplus C) capital and financial account surplus; a capital and financial account deficit D) capital and financial account deficit; a capital and financial account surplus
M3 is an example of a Federal Reserve
A) directive. B) tool. C) intermediate target. D) operating target.
Increased profits provide more internal funds to finance capital investments and a major factor in lenders' and investors' decisions to provide external funds to the firm
Indicate whether the statement is true or false
Answer the following statements true (T) or false (F)
1. A nation that imports more than it exports has a surplus balance of trade. 2. Whenever planned injections exceed planned leakages, total spending is less than total output. 3. Taxes are a leakage from the circular flow. 4. The GDP is the current market value of final goods and services produced by the nation’s economy over a period of time. 5. Constant-dollar GDP and real GDP are the same thing.