The official number of poor in the United States
A) is higher today than at any other time in our history.
B) has risen steadily since 1981.
C) was lowest in the late 1960s.
D) is lowest today.
C
Economics
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The higher the real interest rate, the ________ investment projects firms can profitably undertake, and the ________ the quantity of loanable funds they will demand
A) more; smaller B) more; greater C) fewer; greater D) fewer; smaller
Economics
In the absence of a financial system, the two-period model without taxes predicts that
A) consumption is more volatile that output. B) consumption is as volatile as output. C) consumption is less volatile than output. D) We do not know.
Economics