Which of the following is most accurate?
a. African Americans were generally hurt economically relative to whites during WW II.
b. African American education rates are now about the same as those of whites.
c. The poverty rate for African Americans is about 300% larger than the rate for whites.
d. The average household income of African Americans is currently about 90% of whites'.
c. The poverty rate for African Americans is about 300% larger than the rate for whites.
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The stock of capital ________ with any gross investment and ________ with any depreciation
A) increases; increases B) decreases; increases C) decreases; decreases D) increases; decreases
A risk-preferring person is willing to pay
A) a risk premium. B) a fee to make a fair bet. C) to obtain decreasing marginal utility. D) None of the above.