The U.S. poverty rate for:
A. Hispanics is higher than that for African Americans.
B. children under 18 years of age is higher than for the overall population.
C. African Americans has increased since 1993.
D. foreign-born individuals who are not citizens is below the poverty rate for the general
population.
Answer: B
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The "policy ineffectiveness proposition" of the new classical attack on policy activism is based on the idea that
A) people will anticipate policy changes particularly those based on a feedback rule. B) people will anticipate the effects of policy changes and act to offset these effects. C) Both A and B are correct. D) None of the above is correct.
In the signaling theory of education,
a. schooling itself does not lead to more productive workers. b. chance plays more of a role than in the human-capital theory. c. schooling enhances worker productivity. d. compensating differentials do not matter.
The central bank for the United States is
A. First National Bank of America. B. the Federal Reserve System. C. the U.S. Treasury. D. American Bank.
How much pollution should we emit?
A. To a level where MB is greater than or equal to the MC B. To a level where MC is greater than the MB C. Zero D. A fair amount of pollution