The $1.90 (PPP) per day line was chosen by averaging the national poverty lines of 15 poor countries to represent:
A. relative poverty by some globally comparable standard.
B. chronic poverty by some globally comparable standard.
C. transient poverty by some globally comparable standard.
D. absolute poverty by some globally comparable standard.
Answer: D
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When the Fed sells $100 million of securities to a commercial bank, the
A) monetary base increases. B) money supply increases. C) bank's reserves decrease. D) required reserve ratio decreases. E) bank's reserves do not change.
Sharing music files is not a(n)
a. victimless crime b. example of decisions about the use of capital c. issue regarding intellectual property d. current problem e. important issue for the Recording Industry of America
The verification step of the government job analysis method is always conducted with _____.
A. the HR manager B. all interviewees C. the supervisor or manager D. high-performing employees
Which of the following is a CORRECT statement?
A) Producer surplus is an external benefit. B) Consumer surplus is an external benefit. C) A government subsidy paid to a producer is an external benefit. D) None of the above statements are correct.