The percentage of Head Start enrollees in homes headed by single women is
A. 35%.
B. 10%.
C. 1%.
D. 50%.
Answer: A
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Which of the following is an example of a product that is nonexcludable and nonrival?
A) a motorcycle B) the court system C) Western lowland gorillas D) a NASCAR event
If the Fed lowers the federal funds rate, which of the following will NOT happen?
A) The real interest rate falls. B) Other short-term interest rates fall. C) Aggregate demand increases. D) Real GDP increases. E) The price level falls.
Economic goods are: a. only those commodities priced in monetary terms
b. scarce products that are created from scarce resources. c. the opposite of normative economic goods. d. not subject to scarcity.
Karole's income rises from $50,000 to $75,000 and her income tax increases from $8,000 to $9,500.Her average tax rate is 6%
a. True b. False Indicate whether the statement is true or false