Compared to high-income families, low-income families tend to have

a. more earners per family.
b. fewer persons per family.
c. more full-time workers per family.
d. both b and c.

B

Economics

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Which of the following statements regarding the production possibilities frontier is TRUE?

A) Points outside the frontier are attainable. B) Points inside the frontier are attainable. C) Points on the frontier are less efficient than points inside the frontier. D) None of the above because all of the above statements are false.

Economics

When an economy experiences significant economic growth:

a. a negative relationship exists between output per capita and adult literacy rates. b. an indirect relationship exists between output per capita and adult literacy rates. c. a direct relationship exists between output per capita and adult literacy rates d. no observed relationship exists between output per capita and adult literacy rates.

Economics