During the 1990s and the first decade of the 2000s
a. polls have shown that U.S. citizens are more concerned about inflation than any other national problem
b. the U.S. inflation rate reached double digits (10 percent or higher)
c. the U.S. economy consistently experienced deflation (a falling price level)
d. the U.S. inflation rate averaged about 8 percent per year
e. the U.S. inflation rate averaged less than 3 percent per year
E
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Which of the following would cause an increase in aggregate demand in the short run?
A) an increase in taxes B) an increase in the supply of money C) a decrease in the price level D) a crop failure
If a family falls below the federal poverty line, ______ considered to be poor.
a. every member over 18 is b. every individual member is c. only the employed members are d. only the children are