Which of the following groups had the highest median income in the U.S. in 2008?
A. Hispanic
B. White (non-Hispanic)
C. Asian
D. Black
C. Asian
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The Federal Reserve System is organized into
A) one large district covering the entire United States. B) three districts, one for each of the countries in North America. C) 12 districts, dividing up the countries in North America. D) 50 districts, one per state. E) 12 districts, dividing up the United States.
Tax credits are more beneficial to taxpayers than _____
a. exemptions b. deductions c. expenditures d. a and b e. a and c
We interpret the meaning of "loanable funds" as the
a. flow of resources available from private saving. b. flow of resources available to fund private investment. c. resources borrowed by private investors and by government. d. resources lent by private investors and by government.
Refer to the table below. An output level of 25 units, this firm's accounting profit is ________, and its economic profit is ________. QuantityTotal RevenueExplicit CostsImplicit Costs1050365157563620100937251251258301501619
A. zero; $8 B. $125; $113 C. zero; ?$8 D. $125; zero