Of the children who grew up in long-term poverty (those living at least 9 years of their childhood in poverty), what percentage of them are from black families?

A. 50.
B. 60.
C. 70.
D. 80.


D. 80.

Economics

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"Trade restrictions such as tariffs and quotas are like a blockade that a nation imposes on its own people." Is this statement true?

A) Yes, both the trade restrictions and a blockade will reduce the gains from specialization and trade. B) No, a blockade will help the residents of a nation achieve a higher income level; trade restrictions will not. C) No, trade restrictions will help the residents of a nation achieve a higher income level; a blockade will not. D) Uncertain, the statement is true if the gains of the residents exceed those of foreigners; otherwise it is false.

Economics

Which type of unemployment contributes to the natural rate of unemployment?

A. Unemployment of government workers. B. Real-wage unemployment C. Cyclical unemployment D. All of these contribute to the natural rate.

Economics

The following are impediments to economic growth EXCEPT

A) dead capital. B) increased education. C) lack of economic freedom. D) bureaucratic inefficiency.

Economics

Identify the 3 curves in the above figure

A) (1 ) is long-run aggregate supply, (2 ) is short-run aggregate supply, (3 ) is aggregate demand. B) (1 ) is aggregate demand, (2 ) is short-run aggregate supply, (3 ) is long-run aggregate supply. C) (1 ) is short-run aggregate supply, (2 ) is long-run aggregate supply, (3 ) is aggregate demand. D) (1 ) is long-run aggregate supply, (2 ) is aggregate demand, (3 ) is short-run aggregate supply.

Economics