The impact of foreign aid on developing countries has been reduced by ________
A) the low rate of saving in these countries
B) the Marshall Plan
C) the misuse of foreign aid funds by corrupt governments
D) the low rate of consumption in these countries
C
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The economy pictured in the figure has a(n) ________ gap with a short-run equilibrium combination of inflation and output indicated by point ________.
A. recessionary; A B. recessionary; C C. recessionary; B D. expansionary; A
If protective import-restricting tariff are imposed by a country, in the majority of cases that nation's consumers end up
A) paying a lower price and consuming more of the good than they otherwise would. B) paying a lower price and consuming less of the good than they otherwise would. C) paying a higher price and consuming less of the good than they otherwise would. D) paying a higher price and consuming more of the good than they otherwise would.
Dierdre just gave birth to twins and now finds herself buying diapers on a weekly basis. Therefore, we can conclude that there is a causal relationship between having newborn twins and purchasing diapers for Dierdre.
Answer the following statement true (T) or false (F)
Marginal CostMarginal Cost
What will be an ideal response?