Which of the following is true about poor populations?
A. The poor are less likely to be children than the elderly.
B. There are more poor whites than poor blacks.
C. The poor are more likely to have graduated from high school.
D. The poor are disproportionately white.
Answer: B
You might also like to view...
What is the difference between nominal variables and real variables? Discuss the calculations undertaken to determine the real wage rate and the real interest rate. Explain why the real wage rate and real interest rate are real variables
What will be an ideal response?
Inflation redistributes income to a greater extent when the inflation is unanticipated compared to when the inflation is anticipated
Indicate whether the statement is true or false
All of the following represent returns to savers EXCEPT:
A) dividends on stocks B) fees on loans C) interest on deposits D) coupon payments on bonds
Profit is a guaranteed return to the entrepreneur
Indicate whether the statement is true or false