The general approaches to global poverty reduction include all of the following except
A. Within-nation redistribution of income.
B. Economic growth.
C. Government growth.
D. Across-nation redistribution of income.
Answer: C
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Nearly all of the budget deficits we had in the 1980s were
A. under $10 billion. B. between $100 billion and $200 billion. C. between $200 billion and $300 billion. D. over $300 billion.
Which of the following is likely cause a decrease in the demand for credit?
A) increases in national income B) decreases in concerns about future economic performance C) decreases in the scale of production D) increases in the scale of production
Eco Energy is a monopolistically competitive producer of a sports beverage called Power On. Table 13-2 shows the firm's demand and cost schedules. Refer to Table 13-2. What is the marginal profit from producing and selling the 5th case?
A. $10 B. $20 C. $30 D. $40
Some nonprice determinants of supply are:
A. prices of related goods, technology, prices of inputs, expectations, and the number of sellers. B. consumer preferences, the price of the good, and prices of related goods. C. expectations of sellers and number of buyers in the market. D. prices of related goods, technology, and consumer preferences.