The Council of Economic Advisers
a. was created in 1946.
b. advises the president of the United States on economic policy matters.
c. writes the annual Economic Report of the President.
d. All of the above are correct.
d
Economics
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Which of the following is assumed constant in the short-run Classical model?
A) Money supply B) Output C) Aggregate demand D) Wages
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Of the following demographic groups, which has the lowest poverty rate in the U.S.?
a. Families headed by a female with no adult male present. b. Families in which the "head of the household" has not attained a high-school education. c. Families headed by a male with no adult female present. d. Families in which the "head of the household" has attained at least a bachelor's degree from a college or university.
Economics