Which is the most accurate statement?
A. Although no one theory can explain all poverty in the U.S., welfare dependency probably explains most of it.
B. Poverty can be explained mainly by the laziness of the poor.
C. There is no theory of poverty that really explains much.
D. There are many theories of poverty, and while none can explain all poverty, each does explain some of it.
D. There are many theories of poverty, and while none can explain all poverty, each does explain some of it.
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The core inflation rate measures changes in the
A) prices of consumer goods except health care. B) prices of all consumer goods. C) prices of consumer goods except food and fuel. D) price of only two consumer goods: food and fuel. E) prices of all the "core" goods and services a typical family buys.
An export subsidy will cause the terms of trade of the ________ country to ________ and will ________ the country
A) exporting; suffer; harm B) exporting; improve; benefit C) importing; suffer; harm D) importing; suffer; benefit E) importing; improve; harm
Supporters of globalization believe that free trade and international investment result in all countries raising their living standards
a. True b. False Indicate whether the statement is true or false
Those living in the poorest quartile of countries would like to emigrate because:
A. the opportunities to gain more education are higher in richer countries. B. earnings are higher for the same skill level in richer countries. C. the cost of living is lower in richer countries. D. All of these statements are true.