The poverty rate is the percentage of the population whose family income falls below the poverty line
a. True
b. False
Indicate whether the statement is true or false
True
Economics
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List six essential ingredients for economic growth
What will be an ideal response?
Economics
When fiscal policy is used, time lags are variable and last anywhere from
A) one to three weeks. B) one to three months. C) one to three years. D) one to three decades.
Economics
The consumption function shows the relationship between consumer expenditures and:
A. the interest rate. B. the tax rate. C. savings. D. disposable income.
Economics
Generally, expenses on a truck are a large part of a consumer's budget, so the demand for trucks is more likely to be
A) elastic. B) inelastic. C) unit elastic. D) perfectly elastic.
Economics