Long-term solutions to communitywide poverty must involve:
A. ways to expand the range opportunities available to the population.
B. increasing the value of the currency.
C. ways to reduce taxes collected by local governments.
D. All of these are true.
A. ways to expand the range opportunities available to the population.
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Refer to the figure above. Which of the following combinations is attainable but inefficient?
A) A B) B C) C D) D
The motive that drives firms to enter or exit an industry is
A) utility. B) governmental. C) economic profit. D) accounting costs.
In which market structure is there clear interdependence between individual firms with regard to prices and sales? a. pure competition
b. monopolistic competition. c. oligopoly. d. monopoly.
If Rhoda in Hungary buys candy from Matt in Maine for $20, and Matt buys food in his favorite goulash restaurant in Hungary for $20, then the U.S. net exports:
A. is zero and net capital outflow is $20. B. and net capital outflow both equal $20. C. equals $20 and net capital outflow is zero. D. and net capital outflow are both zero.