The U.N.'s Millennium Aid Goal is for nations to increase their foreign aid levels to 0.7 percent of donor country GDP.
Answer the following statement true (T) or false (F)
True
Developed nations have set a goal of delivering more aid. The United Nations' Millennium Aid Goal is to raise foreign aid levels to 0.7 percent of donor country GDP.
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An inflationary gap will exist when the full employment level of GDP is
A. equal to equilibrium GDP. B. greater than equilibrium GDP. C. less than equilibrium GDP. D. greater than disposable income.
The formula used for calculating the total profit of a monopolistic competitor is ________
A) (Price - Average Total Cost) × Quantity B) Price - Marginal Cost C) (Price- Average Total Cost) / Quantity D) (Price -Average variable cost)
Briefly discuss three reasons why firms may borrow funds from a bank
What will be an ideal response?
Which of the following statements is most accurate about the market for call loans:
a. During the 1920s, the supply of loans increased more than the demand. b. During the 1920s, credit was being pulled into the stock market by the rising interest rates on call loans. c. An increased willingness of banks to supply call loans was the decisive factor in causing the bull market. d. The interest rates on call loans decreased significantly during the 1920s.