When additions of input to a fixed quantity of another input lead to progressively smaller increases in output, we say we are facing

Increases in interest rates are often blamed on

A) Congress. B) the President. C) the Fed. D) the U.S. Treasury.

Because the value of non-cash benefits to the poor is not counted when calculating the official poverty rate in the U.S., the official statistics

A. underestimate the poverty rate. B. overstate the real income of the poor. C. accurately measure the poverty rate. D. overestimate the poverty rate.