A wage sufficient to keep a family out of poverty is called the
A. living wage.
B. minimum wage.
C. maximum wage.
D. just wage.
Answer: A
Economics
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Stabilization policy is policy that seeks to
A) get zero inflation. B) eliminate fluctuations. C) eradicate unemployment. D) maximize output.
Economics
A measure of the responsiveness of the demand for one good to the percentage change in the price of another good is
A) price elasticity of demand. B) price elasticity of supply. C) cross price elasticity of demand. D) income elasticity.
Economics