Today black and Hispanic Americans have poverty rates:
A. three times as high as white Americans.
B. twice as high as white Americans.
C. half as high as white Americans.
D. four times as high as white Americans.
B. twice as high as white Americans.
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In the figure above, suppose that $20 is the market equilibrium price. What is the amount of the consumer surplus?
A) $3,375 B) $3,000 C) $375 D) 150 units E) $1,500
____________________: Producing right mix of goods
Fill in the blank(s) with the appropriate word(s).
Which of the institutions has influence over the United States Federal Reserve (the Fed)?
A) The United States Senate B) The Federal Reserve Board of Governors C) The President of the United States D) All of the above
Consider the following factors: a. culture b. religion c. customs d. prices e. income Which of the factors above are likely to influence the choices consumers make?
A) a, d, and e only B) all the factors except b C) all the factors except c D) d and e only E) all the factors listed