The poverty rate for Hispanics is ______ than the rate for non-Hispanic whites and ______ than the rate for blacks.
A. higher; slightly higher
B. lower; slightly lower
C. higher; slightly lower
D. lower; slightly higher
C. higher; slightly lower
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Over the 1980s and 1990s, countries with sound fiscal, monetary, and trade policies and strong rule of law combined with large amounts of aid:
A. grew at 1 percent, indicating the necessity of good policy in conjunction with aid. B. still failed to grow, indicating new methods for furthering development are needed. C. saw GDP shrink by 1 percent, indicating corruption and inefficient use of funds is rampant. D. None of these statements is true.
Based on the table showing a summary of fiscal tools, if the government increases its purchases, it is most likely trying to ______.
a. fight inflation
b. enact contractionary policy
c. decrease aggregate demand
d. fight unemployment
Using the aggregate demand/aggregate supply model, explain the difference in the employment prospects of the graduates of 2007 and 2009.
What will be an ideal response?
In Sioux Falls, South Dakota, there are many pizza restaurants, each offering similar types of pizza but each restaurant is located in a different place around the city. It is likely a pizza restaurant in Sioux Falls, South Dakota, operates in a(n):
A. perfectly competitive market. B. monopolistically competitive market. C. monopoly market. D. oligopoly market.