The U.S. and other industrializing nations depended heavily on international trade
Indicate whether the statement is true or false
False (Unlike other nations, the U.S. did not.)
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Economies of scale are present when:
a) average cost rises as input increases. b) the LRAC curve is horizontal. c) total fixed cost increases. d) average total cost remains constant as input increases. e) the LRAC curve slopes downward.
The families that applied for the Moving to Opportunity program wee assigned into three groups. Which of the following does not describe one of those groups?
A) People in one group received nothing but were able to live in public housing with their rents fixed at 30% of their household incomes. B) People in one group were moved to housing in neighborhoods with poverty rates of less than 10%, and those people received vouchers to pay for 100% of their rent. C) People in one group received a voucher they could use to help pay for private housing, with the voucher paying any rent beyond 30% of their household incomes. D) People in one group received a voucher they could use to help pay for private housing, with the voucher paying any rent beyond 30% of their household incomes, but the voucher was good only if the family moved to a neighborhood with a poverty rate of less than 10%.