The poor in the United States are disproportionately people who
a. have less than a high school education
b. have incomes that are essentially nonwage incomes
c. are poor white women
d. are families with over 5 children
e. live in cities
A
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If all government budgets are balanced, and S is greater than I, then
A) the net international investment position must be positive. B) the financial account must be positive. C) the financial account must be negative. D) the net international investment position must be negative. E) Both A and B.
When the government requires a firm to pay an emission charge in proportion to its pollution,
A. Neither marginal costs nor average total costs are affected. B. Marginal costs rise, but average total costs do not. C. Both average total costs and marginal costs rise. D. Average total costs rise, but marginal costs do not.