Regarding poverty in U.S. society, it is correct to say that:
a. Poverty affects a relatively small number of Americans.
b. Poverty results from a failure to work hard
c. Most of the poor live in inner cities.
d. None of these statements is true.
d
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When an immigrant sends a remittance from his host country to his family in his home country, the benefits of immigration to the:
A. Home and host country are increased B. Home and host country are decreased C. Host country are increased, but decreased to the home country D. Host country are decreased, but increased to the home country
If a natural monopoly regulatory commission sets a price where marginal cost is equal to demand
A) the firm would earn monopoly profits. B) the firm would incur a loss. C) economic efficiency would not be achieved. D) the firm would break even.
Which of the following events would most likely cause the nominal interest rate to fall?
a. A decrease in the supply of loanable funds b. An increase in the demand for loanable funds c. An increase in the supply of loanable funds and an increase in the demand for loanable funds d. An increase in the supply of loanable funds and a decrease in the demand for loanable funds e. A decrease in the supply of loanable funds and an increase in the demand for loanable funds
The U.S. Postal Service engages in price discrimination.
Answer the following statement true (T) or false (F)