Only one out of five families that fall into poverty in one year are out of poverty in the following year

What would be expected to happen to the size of the underground economy if:

a. businesses tax rates decreased. b. government regulations on businesses increased dramatically. c. the sale and use of marijuana was legalized in all 50 states.

A firm's isoquant shows:

a. the amount of labor needed to produce a given level of output with capital held constant. b. the amount of capital needed to produce a given level of output with labor held constant. c. the various combinations of capital and labor that will produce a given amount of output. d. none of the above.