The median Head Start teacher has been teaching
A. between 6 months and a year.
B. 15 years with Head Start and 20 years total.
C. 5 years with Head Start and 10 years total.
D. less than 6 months.
Answer: C
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In the four decades from 1860 to 1900, the U.S. population nearly tripled. Real Gross Domestic Product (GDP)
(a) fell by more than the amount by which the population increased. (b) fell by the same amount by which the population increased. (c) rose at about the same rate as the population increase. (d) increased by even more than the population increase.
Bonds may be issued by all of the following except
A. Corporations. B. The federal government. C. Individuals. D. Local governments.
If a government has a budget deficit, it must
a. increase taxes. b. borrow in the loanable funds market. c. decrease taxes. d. lower the real interest rate. e. decrease its expenditures.
The aggregate supply curves shown in the model in Figure 18.3 are most consistent with the views of
A. Monetarists. B. Keynesians. C. Modern Keynesians. D. Supply-siders.