In which of these years was the U.S. poverty rate the highest?
A. 1960
B. 1970
C. 1980
D. 1990
A. 1960
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The sensitivity of bank capital to market interest rates is measured by
A) gap analysis. B) duration analysis. C) leverage ratio. D) capital analysis.
The official term of office of the chairman of the Fed is
a. 2 years. b. 4 years. c. 7 years. d. 14 years.
The demand curve facing a firm
a. indicates the amount of raw materials and other inputs the firm will purchase, at various prices b. indicates the amount of the good demanded from that firm by a particular consumer, at various prices c. indicates the amount of output that customers will purchase from the firm, at various prices d. shows the minimum price at which the firm can sell any given quantity of output e. is horizontal in the long run, but upward sloping in the short run
A price taker is a buyer or seller who:
A. has the goal of maximizing market share, not profits. B. has complete control over setting the market price. C. can influence the market price. D. has no control over setting the market price.