Industrially advanced countries can best help DVCs by:
A. Directing requests from DVCs for aid to the World Bank
B. Using the International Monetary Fund to determine exchange rates in DVCs
C. Increasing management control over development projects
D. Adopting policies that expand trade with DVCs
D. Adopting policies that expand trade with DVCs
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The branch of economics that focuses on outcomes in highly aggregated markets, such as the markets for labor or consumption goods, is called: a. macroeconomics
b. positive economics. c. normative economics. d. microeconomics.
A profit-seeking decision maker who decides which business projects to undertake and how they should be undertaken is called
a. a key man. b. an entrepreneur. c. a progressor. d. a stakeholder.
This graph demonstrates the domestic demand and supply for a good, as well as the world price for that good.
According to the graph shown, if this economy were to open to trade, which amount of surplus would be transferred?
A. Area DE would be transferred to the consumer. B. Area FG would be transferred to the consumer. C. Area FG would be transferred to the producer. D. Area DEFG would be transferred to the consumer.
When current production of goods and services in an economy is greater than planned aggregate expenditure
What will be an ideal response?