As of 2014, the poverty gap in the U.S. was roughly
A. $16 billion.
B. $96 billion.
C. $8.62 trillion.
D. $862 billion.
Answer: B
Economics
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Marginal revenue at the profit-maximizing/loss-minimizing amount is
A. $5.
B. $6.
C. $7.
D. $8.
Economics
Balancing the budget over the business cycle involves running _________ during recession years and _____ during economic booms.
Fill in the blank(s) with the appropriate word(s).
Economics
According to the ________ economists, those who are not working have chosen not to work at the market wage.
A. neo-Marxist B. Keynesian C. classical D. modern monetarist
Economics
An example of automatic stabilizers is
A. government spending falling during an expansion. B. government spending falling during a recession. C. deficit targeting. D. taxes falling in an expansion.
Economics