Measures of poverty that fail to account for the value of in-kind transfers
a. understate the actual poverty rate.
b. have little effect on the validity of reported poverty rates.
c. are generally more reliable measures of actual poverty rates.
d. overstate the actual poverty rate.
d
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Related to the Economics in Practice on page 67: Consumption of quinoa has been on the rise. A grain called teff has been referred to as quinoa's twin and is often consumed in place of quinoa. This would make teff and quinoa ________, and an increase in the price of quinoa should ________ the demand for teff, ceteris paribus.
A. complements; decrease B. substitutes; decrease C. substitutes; increase D. complements; increase
How does hedging affect the flow of funds in the financial system?
A) It reduces it since it is a sign that investors do not like risk. B) It reduces it because it increases risk by encouraging speculation. C) It increases it because it reduces risk thus encouraging more people to make financial investments. D) It increases it by encouraging more speculation.
Which of the following countries has the largest projected net debt as a percentage of their GDP for 2011?
a. Japan b. The US c. Germany d. Italy
How can the money supply impact interest rates and investment?
a. M? ? i? ?I??AD??Y? b. M? ? i? ?I??AD??Y? c. M? ? i? ?I??AD??Y? d. M? ? i? ?I??AD??Y?