Which statement is the most accurate?
A. Most welfare mothers have had child after child to get larger welfare payments.
B. Most welfare families have three or more children.
C. There are many theories of poverty, but none provides more than a partial explanation.
D. The conservatives and liberals are in basic agreement about the causes of poverty.
C. There are many theories of poverty, but none provides more than a partial explanation.
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The 2010 U.S. Federal Personal Income six tax brackets range from 10 percent for individuals earning less than $8,025 to 35 percent for those earning over $357,700 whereas the Lithuanian tax rate for all citizens' income is 24 percent
The Lithuanian income tax system is a ________ tax and the U.S. income tax system is a ________ tax. A) progressive; proportional B) regressive; progressive C) proportional; regressive D) proportional; progressive
A firm’s average fixed cost
A. does not vary with output. B. decreases as output rises. C. is equal to average cost when average cost is minimized D. causes marginal cost to rise as output rises.
Discuss how unions affect prices indirectly.
What will be an ideal response?
Refer to the graph above. If aggregate supply shifts from AS 1 to AS 2, then the price level will:
Increase and real domestic output will increase Decrease and real domestic output will increase Increase and real domestic output will decrease Decrease and real domestic output will decrease