Which of the following areas of the world experienced virtually no change in its poverty rate from 1981 to 2010?
A. sub-Saharan Africa
B. China
C. India
D. South Asia
Answer: A
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The intersection of the aggregate demand and aggregate supply curves determines the:
a. Per-unit cost of production in the economy b. Shape of the aggregate demand curve c. Shape of the aggregate supply curve d. Equilibrium level of real domestic output and prices
In the real world, it costs money to move products from one country to another, but Ricardo's model does not address these ______ costs
Fill in the blank(s) with the appropriate word(s).
(Consider This) Since 1990, U.S. immigrants have founded ____ of every _____ public companies financed by venture capital
A. 1; 4 B. 1; 3 C. 1; 2 D. 2; 5
Assume that the quantity of apples is measured on the horizontal axis and the quantity of oranges is measured on the vertical axis. If the budget line rotates upward while keeping the same horizontal intercept, it implies that
A. the price of oranges has increased. B. the price of apples has decreased. C. the price of oranges has decreased. D. the available income has increased.