Which statement is false?
A. Most poor women who get pregnant do so to get on welfare.
B. Most long-term poor people are black.
C. The causes of black poverty are not always the same as those of white poverty.
D. None of these statements are false.
A. Most poor women who get pregnant do so to get on welfare.
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If the price of bonds falls, the
a. demand for bonds will rise b. supply of bonds will fall c. supply of bonds will rise d. interest rate will rise e. interest rate will fall
Which cause-and-effect chain would best explain the reason for a crowding-out effect? An expansionary fiscal policy:
A. decreases interest rates that decrease private investment spending. B. increases interest rates that decrease private investment spending. C. increases interest rates that increase private investment spending. D. decreases interest rates that increase private investment spending.
When firms have the ability to restrict output, raise prices, stifle competition, and inhibit innovation, the market failure involved is
A. Public goods. B. Inequities. C. Externalities. D. Market power.
Which of the following shows the net difference between how much Americans forgave in debts owed to them by foreigners compared with how much foreigners forgave debts owed to them by Americans?
A. Current account B. Capital account C. Financial account D. Net transfers