Emigration is when people leave a country because of supply push factors
Indicate whether the statement is true or false
FALSE
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Studies show that the income elasticity of demand for wine is 5.03 and the income elasticity of demand for spirits is 1.21. This indicates that
A) wine is a luxury good and spirits are necessities. B) wine and spirits are luxury goods. C) wine is a luxury good and spirits are inferior goods. D) wine and spirits are highly price elastic.
The scope of the EITC program changed dramatically in
A. 1963. B. 1983. C. 1993. D. 1996.
An inflationary gap occurs when aggregate expenditures are too high to achieve full employment
a. True b. False Indicate whether the statement is true or false
The poor in the United States are disproportionately people who
a. have less than a high school education b. have incomes that are essentially nonwage incomes c. are poor white women d. are families with over 5 children e. live in cities