In the U.S. the percentage of the population that directly encounters poverty is exceedingly high

a. True
b. False
Indicate whether the statement is true or false


True

Economics

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"Crowding out" is the theory that an increase in our federal government's budget deficit will likely:

a. increase the national debt. b. increase interest rates. c. decrease borrowing by households and businesses d. reduce the impact of the spending multiplier implies because of crowding out. e. all of these.

Economics

The National Labor Relations Act of 1935 is also known as the ______.

a. Landrum-Griffen Act b. Social Security Act c. Taft-Hartley Act d. Wagner Act

Economics

Organize the steps an economist would follow in the model-building process into their proper order.  - Use simplifying assumptions   - Develop a model  - Collect data  - Identify the problem  - Formulate a conclusion 

A. 1. Develop a model. 2. Collect data. 3. Use simplifying assumptions. 4. Identify the problem. 5. Formulate a conclusion. B. 1. Use simplifying assumptions. 2. Collect data. 3. Develop a model. 4. Identify the problem. 5. Formulate a conclusion. C. 1. Identify the problem. 2. Develop a model. 3. Use simplifying assumptions. 4. Collect data. 5. Formulate a conclusion. D. 1. Formulate a conclusion. 2. Collect data. 3. Identify the problem. 4. Develop a model. 5. Use simplifying assumptions.

Economics

The major country NOT to adopt the euro in the European Union is _______________.

Fill in the blank(s) with the appropriate word(s).

Economics