From 1990 to 2013, mortality under age 5 has ________ and the literacy rate has ________ .
A. increased; increased
B. decreased; decreased
C. decreased; increased
D. increased; decreased
Answer: C
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As price increases, additional suppliers are willing to produce a commodity.
Answer the following statement true (T) or false (F)
During 2008, Swaziland had a real GDP growth rate of 1.8 percent and a real GDP growth rate per person of -1.3 percent. These rates indicate that in Swaziland
A) the population grew at a faster rate than real GDP. B) real GDP grew more rapidly than did the population. C) there was an error when calculating the growth rates because the growth rate of real GDP per person cannot be negative. D) poverty levels are declining. E) the population growth rate was negative.
The indifference curves in the figure above (I1, I2, and I3 ) reflect Peter's consumption preferences
If Peter consumes 24 slices of pizza and 24 chocolate bars per month, he as satisfied as he would be consuming ________ slices of pizza and ________ chocolate bars per month. A) 48; 12 B) 40; 20 C) 32; 8 D) 16; 16
The largest part of gross domestic product in the United States is
a. investment. b. consumption. c. government expenditure. d. trade balance.