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C13 Microeconomics Online Exams 1-8 Answers (Ashworth College)

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A. an increase in demand for highly educated workers<br />

B. inheritances<br />

C. discrimination<br />

D. a steady increase in tuition and fees for a college<br />

education<br />

Question 33 of<br />

2.5/ 2.5 Points<br />

40<br />

The poverty rate in the United States is lowest for __________ .<br />

A. whites<br />

B. blacks<br />

C.<br />

Hispanics<br />

D. Asians<br />

Question 34 of<br />

2.5/ 2.5 Points<br />

40<br />

The price of an hour of leisure time is __________ .<br />

A. the income that could have been earned in that hour<br />

B. zero<br />

C. the minimum wage rate<br />

D. determined by the value of the activity the person engages in during that hour of<br />

leisure<br />

Question 35 of<br />

2.5/ 2.5 Points

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