If the poverty line is set too low, the official poverty rate will be
A. unaffected by this problem.
B. higher than the true level.
C. lower than the true level.
D. negative.
Answer: C
You might also like to view...
What is the best outcome for society: when firms in an oligopoly enter into a collusive agreement to operate as a monopoly or when they act as perfect competitors? Briefly explain your answer
What will be an ideal response?
Which of the following is likely to have the shortest transmission lag?
A) a change in personal income tax rates B) a change in government expenditures C) an increase in subsidies paid to firms D) an increase in public-service employment
_________ tend to think about others and are less interested in self. They seek outside opinions
a. Introverts b. Extroverts c. Experts d. None of the above is correct
Which one of the following statements concerning the Second Bank of the United States is not true?
a. It was created five years after the demise of the First Bank of the United States. b. It had the right to issue its own notes. c. It pressed for sounder specie backing of bank notes. d. Its notes became the most widely accepted currency in the nation. e. It faced strong regional resistance in the North.