The Fed seeks a target rate of inflation of around _____
a. 1 percent
b. 2 percent
c. 3 percent
d. 4 percent
e. 5 percent
b
Economics
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Generally speaking, resources are used more wastefully and carelessly when
A) users obtain the resources through the market process. B) users do not have to pay the opportunity cost for using resources. C) users use resources to only advance the projects they are interested in. D) users privately own resources.
Economics
If the cost of the Department of Agriculture's minimum food budget for two people is $2,000 per year, the official poverty line for a family of two would be
A. $667. B. $2,000. C. $6,000. D. $12,000.
Economics