In the United States, the official poverty line is based on:

A. the price of clothing.
B. the average income of the lowest quartile of income earners.
C. the price of food.
D. the price of housing.

Answer: C

Economics

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At a carnival roulette wheel, a player can either win $10, $30, or $80 . If it costs $35 to play, we would expect to see

a. A long line of players waiting to play b. No players for the game c. The carnival losing money per play d. Both A&C

Economics

If Sally Smith creates VCU1 by playing an online game, the effect is to cause the nation's:

a. Monetary base to rise. b. M2 money supply to rise. c. M2 money multiplier to rise. d. Monetary base to remain the same.

Economics