U.S. census data suggests that

A) income inequality has been increasing since 1980.
B) income inequality has been decreasing since 1980.
C) income inequality was nonexistent in the 1990s.
D) the percentage of families living below the poverty line has surged since the 1980s.

A

Economics

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Referring to Figure 19.1, the dollar is likely to appreciate if the exchange rate is either ________ or ________ pesos to the dollar

A) 10; 11 B) 11; 12 C) 12; 13 D) 13; 14

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Refer to Figure 9-1. Suppose the government allows imports of leather footwear into the United States. What will the market price be?

A) $10 B) $18 C) $24 D) >$24

Economics