What is poverty and how does its incidence vary across the races?

What will be an ideal response?

Poverty is a situation in which a household's income is too low to be able to buy the quantities of food, shelter, and clothing that are deemed necessary. Poverty is a relative concept. Minorities have historically been over-represented among those households living in poverty in the United States. In particular, 13 percent of white households live in poverty while 26 percent of Hispanic-origin households and 27 percent of black households lived in poverty.

Economics

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Prior to 1914, did antitrust legislation have much effect on monopoly power in the United States?

Economics

When a corrective tax is assessed, the costs of a firm’s pollution become ______.

a. public b. private c. zero d. fixed

Economics