The poverty rate for blacks is _____________ the poverty rate for non-Hispanic whites.
A. almost three times
B. about 50% more than
C. slightly higher than
D. a little lower than
A. almost three times
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If a euro costs $1.25 today, and it costs $1.50 tomorrow, what has happened to the dollar-euro exchange rate?
a. Both the dollar and euro have depreciated. b. The dollar has appreciated and the euro has depreciated. c. The dollar has depreciated and the euro has appreciated. d. Both the dollar and euro have appreciated
A sustained change in the monetary growth rate will
A) immediately affect equilibrium real money balances by raising the money interest rate. B) eventually affect equilibrium nominal money balances by raising the money interest rate. C) eventually affect equilibrium real money balances by reducing the money interest rate. D) eventually affect equilibrium real money balances by raising the real interest rate. E) eventually affect equilibrium real money balances by raising the money interest rate.