A family of four with one wage earner who earns the minimum hourly wage would be
A. well below the poverty line.
B. slightly below the poverty line.
C. slightly above the poverty line.
D. well above the poverty line.
A. well below the poverty line.
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Of all industrialized nations, real GDP per capita was the highest in Japan in 2014
Indicate whether the statement is true or false
From 1922 to 1929, the total value of the stock market:
A. more than tripled. B. decreased by nearly 50 percent. C. decreased by nearly 90 percent. D. stayed the same.
Which of the following was a consequence of the financial revolution which drastically changed risk management in the 1970s?
a. Managements created separate categories for handling different types of risks. b. A group of specialists were created who handled risk assessment for the entire organization and reported only to headquarters. c. Risk analysis was decentralized by concentrating on risks at the division-level. d. It became easier to assess market risk with the introduction of various new tools of financial management.
The U.S. government acts as a lender of last resort to commercial banks
Indicate whether the statement is true or false