Which statement is true?
A. There are over 50 million Americans living below the poverty line.
B. The poverty line is raised each year.
C. Nearly all the nation's poor people live in the South.
D. Poverty is a greater problem today than at any time since the end of World War II.
B. The poverty line is raised each year.
You might also like to view...
The lower left-hand corner of a graph where the two axes meet is called the graph's origin
a. True b. False Indicate whether the statement is true or false
Given that unions face a downward-sloping demand curve for labor, which of the following is not true concerning the optimal union wage rate at a given employment level?
A. It is above the labor supply curve. B. It is above the labor demand curve. C. It is above the marginal wage. D. It exceeds the competitive wage.
Erin borrowed $18,000 to buy a car. Her loan will be paid off in 5 years. By the time that she pays off the loan, she will have made $20,327 in payments. Why did she have to pay $2,327 more than the price of the car?
(A) She had to pay interest of $2,327 for the privilege of borrowing the creditor of $18,000. (B) She had to pay interest of $2,327 for the privilege of borrowing the principal of $18,000. (C) She had to pay the principal of $2,327 for the privilege of borrowing the mortgage of $18,000. (D) She had to pay a default of $2,327 for the privilege of borrowing the principal of $18,000.
A technological improvement will
A. decrease the desired capital stock. B. increase the desired capital stock. C. have the same effect on the desired capital stock as an increase in corporate taxes. D. have no effect on the desired capital stock.