The poverty rate among female-headed households is around
A. 70%.
B. 33%.
C. 2%.
D. 11%.
Answer: B
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Which of the following would NOT cause the IS curve to shift to the left?
A) a decrease in government purchases B) an increase in consumer confidence C) a decrease in foreign demand for domestic products D) a decrease in the expected future profitability of capital
A fall in the demand for U.S. exports would result in a rise in the exchange rate when
a. there is no capital mobility and exchange rates are allowed to float. b. there is capital mobility. c. exchange rates are allowed to float. d. the country has a balance of payments surplus. e. both c and d.
Which of the following is not a potential problem with tax expenditures?
a. They compromise tax system fairness. b. They make the tax structure less efficient. c. They increase the political costs of the tax system. d. They cause taxpayers to substitute towards favored activities.
If demand is price inelastic, then when price rises, total revenue
a. will fall. b. will rise. c. will remain unchanged. d. may rise, fall, or remain unchanged. More information is need to determine the change in total revenue with certainty.