The U.S. poverty rate is higher among households headed by black married couples than those headed by white females

a. True
b. False


B

Economics

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By international standards, the household saving rate of the United States:

A. has always been very high. B. was extremely high until the 1980s. C. has not ever really been high. D. was low through the 1970s and 1980s, but increased throughout the 1990s to become one of the highest.

Economics

To draw your budget line between steak and lobster, all you need to know is your income

Indicate whether the statement is true or false

Economics

Refer to Figure 14.2. Suppose workers expect inflation to rise from 1% to 3% next year. Other things equal, this would best be represented by a movement from

A) point A to point B. B) point B to point A. C) point B to point C. D) point A to point C.

Economics

If there are four firms in a market and each has an equal market share, the Herfindahl-Hirschman Index (HHI) is ________.

A) 1,600 B) 100 C) 5,500 D) 2,500

Economics