The poverty rate for African Americans has remained approximately equal in the U.S. since the late 1950s

a. True
b. False
Indicate whether the statement is true or false

True

Economics

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Voluntary export restraints (VERs)

A) do not protect domestic producers. B) raise revenue for the governments involved. C) raise the prices paid by domestic consumers. D) Both answers B and C are correct.

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If oranges were found to cure cancer,

A) the equilibrium price of apples would likely fall. B) the equilibrium price of oranges would likely increase in the near term. C) the equilibrium quantity of oranges would likely increase. D) All of the above.

Economics