Which statement is false?
A. The problems of the inner city ghettos were just as bad 50 years ago as they are today.
B. There was a huge outward migration of middle- and working-class blacks from the ghettos in the 1970s and early 1980s.
C. About 2 out of 5 poor blacks live in areas of extreme poverty.
D. None of these statements are false.
A. The problems of the inner city ghettos were just as bad 50 years ago as they are today.
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A point outside a production possibilities frontier indicates
A) that resources are not being used efficiently. B) an output combination that society cannot attain given its current level of resources and technology. C) that resources are being used very efficiently. D) that both goods are characterized by increasing costs.
How do payments on a fixed-payment loan differ from a coupon bond?
What will be an ideal response?
The four-firm concentration ratio is calculated by adding the _____________ of the four largest firms in the industry.
a. profits b. total earnings c. market shares d. costs of wages
Which of the following would be considered a one-time expense?
A. A delivery truck B. Raw materials C. Radio ads D. A manager's salary