A simultaneous rightward shift in SRAS and leftward shift in AD may come from the dollar _______________ in the aftermath of a ____________________ in United States real interest rates
A) depreciating; rise
B) depreciating; fall
C) appreciating; rise
D) appreciating; fall
C
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The expenditure approach to measuring U.S. GDP equals _________
A. the sum of U.S. consumption expenditure and U.S. investment B. U.S. government expenditure minus taxes paid by Americans C. all expenditure on final goods and services produced in the United States in a given time period D. all expenditure by Americans on goods and services produced in the United States in a given time period
Which statement about poverty in the United States is true?
a. Most people living below the poverty line are white. b. Most people living below the poverty line are African American. c. Poverty rates are relatively low for females. d. Poverty rates are relatively low for Hispanics.
For most students, the largest single cost of a college education is
a. the wages given up to attend school. b. tuition, fees, and books. c. room and board. d. transportation, parking, and entertainment.
Demand is a schedule that shows
A. how much income it takes to afford various quantities of a good. B. a set of possible prices for a good and the quantities of the good that will be purchased at each of those prices. C. the relationship between the cost of producing a good and the price that sellers will charge. D. how population changes will affect the amount of a good that is needed.