Compared to the poverty rate for blacks, the poverty rate for whites is a fraction of less than ______.
Fill in the blank(s) with the appropriate word(s).
1/3
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Rising demand for an agricultural good __________ the payments government is committed to pay farmers under a __________ program
A) raises; production flexibility contract B) raises; deficiency payment C) lowers; production flexibility contract D) lowers; deficiency payment
Which of the following could cause nominal GDP to increase next year, but real GDP to decrease?
A) The price level rises and the quantity of final goods and services produced rises. B) The price level rises and the quantity of final goods and services produced falls. C) The price level falls and the quantity of final goods and services produced rises. D) The price level falls and the quantity of final goods and services produced falls.