Who is most likely to be poor?
A. Someone over age 65
B. A Hispanic American
C. A black person
D. Someone living in a female-headed household with children
D. Someone living in a female-headed household with children
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Which of the following shifts the supply curve of popcorn leftward?
A) a decrease in the price of popcorn B) an increase in the price of popcorn C) a technological development in the production of popcorn D) a decrease in the number of popcorn suppliers E) a decrease in the cost of producing popcorn
Which of the following is NOT included in the U.S. current account?
A) U.S. investment abroad B) net interest income C) net transfers D) imports of goods and services
If the economy is slipping into a recession, which of the following would be an appropriate fiscal policy?
A) a decrease in oil prices B) a decrease in government purchases C) a decrease in taxes D) an increase in the money supply and a decrease in interest rates
The statement that Computech's profits totaled $500 million last year represents the use of money as a:
a. medium of exchange. b. store of value. c. unit of account. d. means of coincidence.