About one out of every _________ Hispanics is poor.
Fill in the blank(s) with the appropriate word(s).
four
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In the market for widgets, the supply curve is the typical upward-sloping straight line, and the demand curve is the typical downward-sloping straight line. The equilibrium quantity in the market for widgets is 200 per month when there is no tax. Then a tax of $5 per widget is imposed. As a result, the government is able to raise $800 per month in tax revenue. We can conclude that the equilibrium
quantity of widgets has fallen by a. 40 per month. b. 50 per month. c. 75 per month. d. 100 per month.
As a consumer moves down one of her indifference curves, her satisfaction:
a. falls. b. rises. c. remains unchanged. d. first falls, then levels out.
Which of the following is not a primary determinant of consumption spending?
A. Wealth B. Rate of return on capital C. Real income D. Interest rates on savings
The AD curve will shift when there is a change in:
A. the inflation rate or the money growth rate. B. the money growth rate or the velocity growth rate. C. the real growth rate or the inflation rate. D. the velocity growth rate or the real growth rate.