About what percentage of the poor are children?
a. 13
b. 24
c. 36
d. 60
b
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In a small country, the adult population equals 5,000. There are 4,000 people in the labor force and 3,000 people are employed. The labor force participation rate equals
A) 25 percent. B) 80 percent. C) 30 percent. D) an undetermined amount given the lack of information.
The deliberate manipulation of government purchases, taxation, and transfer payments to promote macroeconomic goals is called using automatic stabilizers
Indicate whether the statement is true or false
A "flight to quality" in global asset markets in September and October 2008 caused an increase in the demand for ________
A) emerging-market equities B) luxury automobiles C) dollar assets D) blue-chip stocks
Answer the following statement true (T) or false (F)
1) Human beings consume more both in absolute terms and on a per capita basis than they did 200 years ago. 2) Thomas Malthus argued that increases in living standards tend to reduce birthrates. 3) A total fertility rate of 1.0 is necessary to keep the population constant over time. 4) Most developed countries have fertility rates less than 2.1.