The official poverty rate in the United States includes
A. over 35 percent of the population.
B. between 20 to 25 percent of the population.
C. between 10 and 15 percent of the population.
D. less than 5 percent of the population.
Answer: C
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There is a growing market for buying and selling information about the online behavior of consumers. Most people use one of only a small number of search engines (such as Google, Bing, or Yahoo!) when surfing the net
It has been hard for new search engines to gain any market share. The market for search is best considered as A) perfectly competitive. B) oligopoly. C) monopolistically competitive. D) monopoly.
If an economy is in a recession and the government opts for an expansionary fiscal policy to shift the AD curve closer to the potential output, a sound finance economist with a Classical view, who holds the Ricardian equivalence theorem to be practically true, would conclude that the AD curve:
A. does not shift since the higher government spending is offset by higher private consumption. B. does not shift since the higher government spending is offset by lower private consumption. C. shifts to the left due to higher government spending. D. shifts to the right due to higher government spending.