Which statement is true?
A. There is no one single cause of homelessness.
B. Most of the homeless have jobs.
C. There are fewer Americans homeless than ten years ago.
D. People are homeless because they want to be.
A. There is no one single cause of homelessness.
You might also like to view...
When the Fed buys a U.S. bond in the open market
A) its action contracts total reserves and the money supply. B) total reserves increase by the amount of the purchase but the money supply stays the same. C) its action expands total reserves and the money supply. D) its action has no effect on the total reserves or the money supply because the check it writes increases reserves at one bank but they fall at another.
Assume Alan's budget constraint is demonstrated by line A in the graph shown. Which of the following could cause Alan's budget constraint to change to line B?
A. The price of books could have decreased.
B. The price of books could have increased.
C. The price of movie tickets could have increased.
D. The price of movie tickets could have decreased.
If the full-employment level of income in Figure 9.7 is $200 billion, there is
A. A recessionary gap of $100 billion per year. B. An inflationary gap of $100 billion per year. C. A recessionary gap of $200 billion per year. D. Achievement of macro equilibrium.
Economics is best defined as the study of:
A. financial decision-making. B. how consumers make purchasing decisions. C. the choices made by people faced with scarcity. D. inflation, unemployment, and economic growth.