According to the World View titled "Jeffrey Sachs: Big Money, Big Plans," how did Columbia University economics professor Jeffrey Sachs expect extreme poverty to be eliminated by 2025?
A. Rich nations must quadruple their foreign aid flows now, and poor nations need to be more accepting of help.
B. Rich nations must double their foreign aid flows now and develop full-scale, comprehensive plans for the poor countries to reduce poverty.
C. Rich nations must double their foreign aid flows now and then double them again in 10 years, while poor nations must develop full-scale, comprehensive plans for poverty reduction.
D. Poor nations must develop full-scale, comprehensive plans for poverty reduction without the help of rich nations.
Answer: C
You might also like to view...
Which of the following statements is? correct?
A.The relationship between two variables is linear when it is represented by a curved line and nonlinear when it is represented by a straight line.
B.The relationship between two variables is linear when it is represented by a straight line and nonlinear when it is represented by a curved line.
C.The relationship between two variables is nonlinear whether it is represented by a straight line
D.The relationship between two variables is linear whether it is represented by a straight line or by a curved line.
In the market for a particular pair of shoes, Jena is willing to pay $75 for a pair while Jane is willing to pay $85 for a pair. The actual price that each has to pay for a pair of shoes is $65. What is the combined amount of consumer surplus of Jena and
Jane? A. $10 B. $30 C. $130 D. $215
In the quantity theory of money, velocity is assumed
A. to be a declining number. B. to increase with increases in the money supply. C. to equal 1.4. D. constant.
Assume there are three hardware stores, each willing to sell one standard model hammer in a given time period. House Depot can offer their hammer for a minimum of $7. Lace Hardware can offer the hammer for a minimum of $10. Bob's Hardware store can offer the hammer at a minimum price of $13. Given the scenario described, if the market price of hammers increased from $9 to $13:
A. producer surplus would increase by $4 for Lace Hardware. B. producer surplus would increase only for House Depot. C. producer surplus would increase for each producer. D. producer surplus would remain unchanged for Bob's Hardware.