Which one of the following statements is TRUE?
A) Over the years, real consumption spending has been more volatile than real investment spending.
B) In the Keynesian model, changes in the volume of real investment spending are fully explained by changes in the real interest rate.
C) Domestic real investment in the United States was highest during the Great Depression.
D) Over the years, real investment spending has been more volatile than real consumption spending.
D
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Relative to free trade, domestic producers of a good are ________ off with a tariff because of the ________
A) better; higher price and greater quantity sold B) better; higher price and smaller quantity sold C) better; lower price and greater quantity sold D) worse; lower price and smaller quantity sold E) worse; higher price and greater quantity sold
The poverty threshold income level is
a. adjusted annually for increases in real per capita income. b. adjusted annually for changes in prices. c. invariant to differences in the size and composition of families. d. the highest income level that would leave one in the bottom quintile of income recipients.