In 2012, the poverty line for a family of four was approximately

a. $10,075
b. $13,100.
c. $15,700.
d. $23,250.

d

Economics

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What can be expected to happen in a country that enacts trade barriers?

A) The rate of population growth will decrease. B) The rate of economic growth will decrease. C) The rate of immigration will increase. D) The rate of technological innovation will increase.

Economics

Refer to Table 4-4. What is the equilibrium hourly wage (W*) and the equilibrium quantity of labor (Q*)?

A) W* = $9.00; Q* = 370,000 B) W* = $9.00; Q* = 740,000 C) W* = $8.50; Q* = 380,000 D) W* = $8.50; Q* = 360,000

Economics