Which statement is true?
A. William Julius Wilson and Charles Murray are basically in agreement about the causes of the formation of a permanent underclass.
B. The permanent underclass has more white members than black members.
C. There is very little evidence to show that there is actually a permanent underclass.
D. There are more poor whites than poor blacks in the United States.
D. There are more poor whites than poor blacks in the United States.
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The export supply curve shows a country's:
a. domestic surplus at various prices below the "no-trade" equilibrium price. b. domestic shortage at various prices below the "no-trade" equilibrium price. c. domestic supply at the "no-trade" equilibrium price. d. domestic surplus at various prices above the "no-trade" equilibrium price. e. domestic shortage at various prices above the "no-trade" equilibrium price.
Investment and saving are, respectively:
A. income and wealth. B. stocks and flows. C. injections and leakages. D. leakages and injections.
Who tends to lose from labor migration?
A. The firms in the country of origin B. The migrant workers C. The firms in the destination country D. The workers in the country of origin who did not migrate
Which of the following is the largest category of federal government expenditures?
A) transfer payments B) grants to state and local governments C) interest on the debt D) defense spending