For the purpose of determining whether a family is officially considered to be living in poverty, poverty figures do not include:
A. profits of a small business owner.
B. food stamps.
C. earned income.
D. after-tax income of the poor.
Answer: B
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The M2 measure of money consists of the sum of:
A. currency, checking and savings deposits. B. M1, savings deposits, small time deposits, and money market mutual funds. C. savings deposits, small time deposits, and money market mutual funds. D. currency, checking and savings deposits, and small time deposits.
What are the risks and reward for investment banks involved in underwriting a new security issue?
What will be an ideal response?
The Ogallala aquifer is a large underground pool of fresh water under several western states in the United States. Any farmer with land above the aquifer can at present pump water out of it. We might expect that
a. over time, the aquifer is likely to be overused. b. each farmer has a sufficient incentive to conserve the water. c. state governments have an incentive to insure that their farmers do not overuse the water. d. resources would be used more efficiently if the government paid for the pumps farmers use to get the water.
Which is true to promote economic growth?
a. govts should encourage a relaxation of the child labor laws, to allow younger children to leave school by age 12 in order to work and earn income b. The US govt should often lower taxes on foreign firms who want to locate plants in the US c. Govts should encourage women to have 5 or more babies to foster economic growth d. all