Of the following demographic groups, which has the lowest poverty rate in the U.S.?
A. Families headed by a female with no husband.
B. Families in which the "head of the household" has not attained a high-school education.
C. Families headed by a male with no wife
D. Families in which the "head of the household" has attained at least a bachelor's degree from a college or university.
Answer: D
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If two countries find that neither has a comparative advantage in the production of any good or service:
A) it must be true that one country produces everything more efficiently than the other country. B) each country will find it beneficial to trade. C) it is impossible for them to benefit from trade. D) they should still specialize and trade.
To attract more bidders, and more aggressive bidders, to your common-value auction
a. withhold relevant information about the value of the object b. don't allow bidders to know how others are bidding c. do not allow potential bidders to examine the object too closely d. hold oral auctions