In 2011, about what percentage of U.S. households had annual before-tax incomes of less than $15,000?

A. About 6 percent

B. About 13 percent

C. About 25 percent

D. About 33 percent

B. About 13 percent

Economics

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When the price level increases, aggregate planned expenditure ________ and equilibrium real GDP ________. As a result, in the AS-AD model, the aggregate demand curve has a ________ slope

A) increases; decreases; negative B) decreases; decreases; negative C) decreases; increases; negative D) increases; increases; positive E) decreases; decreases; positive

Economics

The conflict between the Vice President of Marketing and her sales staff arises because

a. the sales staff are unwilling to offer discounts b. the Vice President does not want to negotiate aggressively enough to maximize profits c. the sales staff want to negotiate too aggressively d. the Vice President is more willing to offer discounts to make the sale

Economics