Traditionally blacks have earned about _____% of what whites have earned.

If the bank returns $1,060 on the $1,000 deposited for a year during which inflation was 4 percent, the real interest rate is

A) 2 percent. B) 6 percent. C) -2 percent. D) 16 percent. E) 10 percent.

A proportional tax charges the same percentage of income, regardless of the size of income

a. True b. False Indicate whether the statement is true or false