In 2008 if the poverty line had been set lower, the poverty rate would have been ________.

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


lower

Economics

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Refer to the above figure. An increase in aggregate demand beyond real Gross Domestic Product (GDP) level Y1 would result in

A) a lower price level and an increases in real GDP. B) higher real GDP but not a higher price level. C) a lower price level but no change in real GDP. D) a higher price level but no change in real GDP.

Economics

Refer to Scenario 1. What is the t-statistic for the slope coefficient?

A) 3.04 B) 0.94 C) 0.30 D) 4.46

Economics

Perfect competition describes a firm's behavior in a market model where:

a. there are few firms producing identical products. b. there are few firms producing highly differentiated products. c. there are many firms producing identical products. d. there are many firms producing highly differentiated products. e. there are barriers to entry and exit for the new firms.

Economics

Some bank regulation limits the types of assets that banks may own. The intent of this regulation is to

a. protect banks from competition. b. provide banks with a minimum level of profits. c. limit the level of bank profits. d. maintain bank safety. e. All of the above are correct.

Economics