Of the Following, Who Is the LEAST Likely to Live

question 123

Multiple Choice

Of the following, who is the LEAST likely to live in poverty?

• A) female-headed family
• B) non-Latino White family
• C) African American family
• D) Latino family

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Definitions:

Surplus

An excess of income or assets over expenditure in a given period, often referring to a government's budget.

Quantity Supplied

The total amount of a good or service that producers are willing and able to sell at a given price over a specific period.

Quantity Demanded

The amount of a good or service consumers are willing and able to buy at a specific price level, ceteris paribus.

Equilibrium Price

The price level where the supply of goods meets the demand for those goods.