In 2014, the fraction of families living in poverty that were headed by single mothers of children under age 18 is
A. 34%.
B. 22%.
C. 68%.
D. 45%.
Answer: A
You might also like to view...
Adam Smith’s diamond-water puzzle
A. can be resolved by distinguishing between marginal and total utility. B. occurs because diamonds have no utility. C. occurs because scarcity increases total utility. D. will likely never be resolved with existing economic tools.
If the marginal propensity to consume is 0.7, the expenditure multiplier is
a. 7.0 b. 0.7 c. 3.0 d. 3.3 e. not determinable without additional information.
List and describe four of the six categories of economic exchanges that are omitted from GDP calculations. Explain why these transactions are not included in GDP and give an example of each to help support your answer
From 1973 to 1995, productivity of labor in the United States
A. declined because of reduced capital formation. B. declined because of slower technological improvement. C. increased because of expanded technological improvement. D. increased because of lower gasoline prices.