According to the standard government definitions, the percentage of the U.S. population now (2011) considered to be living in poverty is about:
A. 15.0 percent.
B. 20.5 percent.
C. 9.8 percent.
D. 13.2 percent.
Answer: A
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List some of the problems that may arise when prices are controlled.
What will be an ideal response?
Environmental problems in China
A) increase pressure for decentralization of power and authority from the ruling Communist party. B) are not recognized by local Chinese interests, but get large amounts of attention from global activists. C) are improving at a rapid pace in Chinese urban areas. D) are generally not an issue domestically or globally.
The potential rewards that are available to an individual if a particular activity is undertaken are known as
A) premiums. B) gifts. C) incentives. D) intrinsic values.
An example of a deficit item on the U.S. balance of payments is
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