The poverty rate _______ between 1993 and 2000 and _____ between 2001 and 2004.
A. fell; fell
B. rose; rose
C. fell; rose
D. rose; fell
C. fell; rose
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According to Gordon, for which of the following should policymakers set a target rate of zero?
A) productivity growth B) inflation rate C) unemployment rate D) None of the above
The real interest rate is the annual percentage amount of money that is earned on a sum loaned or deposited in a bank
a. True b. False Indicate whether the statement is true or false
If average total cost equals $15 at 20 units of output and average total cost equals $15 at 21 units of output, then the marginal cost of the 21st unit is ____
a. zero b. $15 c. $20 d. $21
With free trade, the demand curve facing a small-country monopolist:
a. is horizontal at the world price. b. shifts upward by the amount of imports demanded. c. shifts downward by the amount of imports demanded. d. is horizontal at the firm's MC.