The official poverty rate in the United States includes

A) less than 5 percent of the population.
B) between 10 and 15 percent of the population.
C) between 20 to 25 percent of the population.
D) over 35 percent of the population.

Answer: B

Economics

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A dominant strategy refers to a strategy where one player knows he will always beat the other player

Indicate whether the statement is true or false

Economics

In September 2007, Regions Bank held $3 million in reserves against M1 deposits and made $83 million in loans. Between September 2007 and September 2008, deposits decreased from $114 million to $95 million

If Regions Bank wants to maintain its desired reserve ratio in 2008, it will A) increase its reserves. B) definitely make more loans. C) cannot make more loans. D) decrease its reserves.

Economics