The term "Global South" refers to
A. developing countries in Asia, Africa, and Latin America.
B. the Southern states of the United States.
C. countries in the Southern Hemisphere.
D. industrialized countries south of the equator.
Answer: A
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Which of the following is the best example of a monopolistically competitive market?
A) The wheat market. B) The electricity market. C) The restaurant market. D) The market for automobiles.
One reason unbalanced development strategies do not succeed is because they require a basic minimum ___________ that is not always in place
a. of markets b. of skilled work force c. big-push investments d. infrastructure e. entrepreneurial incentive
How do taxation and user charges compare as government revenue sources?
A) Each generates about the same amount of government revenue. B) Revenues from taxation are much greater than revenues from user charges. C) User charges generate much more revenue than do taxes. D) We don't know because the government does not publish revenue figures broken down.
Refer to the information provided in Figure 2.4 below to answer the question(s) that follow.
Figure 2.4According to Figure 2.4, an increase in unemployment may be represented by the movement from
A. B to A. B. A to C. C. C to D. D. B to D.