In 2011, the poverty line for a family of four was about:
A. $15,508
B. $30,453
C. $22,891
D. $38,754
C. $22,891
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Extensive growth is driven by
A) very high savings rates. B) rapid capital accumulation. C) improved multifactor productivity. D) A and B. E) all of the above.
A government budget deficit is
A) an excess of government spending over government revenues during a given time period. B) a situation in which the government's spending is exactly equal to the total taxes and other revenues it collects during a given time period. C) the total value of all outstanding federal government securities. D) all federal government debt irrespective of who owns it.
If the federal government has a deficit, and the current account is in balance, then
A. I = S. B. I> S. C. S> I. D. S + I = 0.
Contractual provisions based on indexing are also called
A. withdrawal clauses. B. swap clauses. C. escalator clauses. D. averaging clauses.