Compared to low-income families, a larger proportion of high-income families
a. is headed by a person with a college degree.
b. has both a husband and a wife who work full time.
c. is headed by a person between the ages of 35 and 64.
d. is all of the above.
D
Economics
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Which of the following transactions represents a credit on the financial account of the U.S. balance of payments?
A. Oil is imported from Venezuela B. United States firms pay dividends to foreigners C. United States citizens purchase foreign securities D. A Canadian firm increases its direct investment in its U.S. branch
Economics
If the desired reserve-deposit ratio is 0.25 and the banking system receives an additional $10 million in reserves, bank deposits will increase by:
A. $40 million. B. $4 million. C. $10 million. D. $250 million.
Economics