If the poverty threshold is set at 50 percent of median income, and if the poverty line is $10,000 . what is median income?

a. $50,000
b. $20,000
c. $10,000
d. $5,000
e. $25,000

B

Economics

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Suppose that national saving is $1456 billion, investment is $1945 billion, and private saving is $1590 billion. How much is the current account balance?

A) $489 billion B) $221 billion C) -$221 billion D) -$489 billion

Economics

The market demand curve:

A. shows the relationship between the price of a good and the quantity that all consumers together are willing to buy. B. is drawn assuming that variables such as income and tastes are variable. C. is drawn assuming that the number of consumers is variable. D. is drawn assuming that the selling price is fixed.

Economics