The _________ of whites in poverty in the U.S. is greater than that of blacks and Hispanics.
A. percentage
B. total number
C. fraction
D. none of these answer options are correct.
B. total number
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Suppose that short skirts that were fashionable in the 1990s become unfashionable in the late 2000s. If other factors were held constant, then there would be
A) a rightward movement along the supply curve. B) a rightward shift of the demand curve. C) a leftward shift in the demand curve. D) a leftward movement along the supply curve.
If interest rates in the United States are higher than interest rates in Europe, what is most likely to happen?
a. Supply of dollars will increase, causing appreciation of the dollar. b. Supply of euros will increase, causing appreciation of the euro. c. Demand for dollars will increase causing appreciation of the dollar. d. Demand for dollars will decrease, causing depreciation of the dollar.
How do the high implicit marginal tax rates that often occur when transfer payments are inversely linked to earnings affect the incentive of poor people to work and earn?
a. A poor person's incentive to earn is increased. b. A poor person's incentive to earn is reduced. c. The incentive of the poor to earn is unaffected. d. The incentive of the poor to earn reported income is increased, but the incentive to earn unreported income is reduced.
People hold money because it is liquid and lacks risk under the
A. precautionary demand for money. B. money balance demand for money. C. asset demand for money. D. transactions demand for money.