Literacy rates in the Global South ________ the Global North.
A. have caught up to those in
B. are falling even farther behind those in
C. have surpassed those in
D. are still significantly lower than those in
Answer: D
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_____ illustrates the speculative temper of the 1920s
a. The Ponzi scheme b. The New York pyramid scandal c. The Florida Land Boom d. Both a and b are correct. e. Both a and c are correct.
All of the following costs are included in the calculation of accounting profit, except
a. Interest payments on borrowed funds b. Costs paid to suppliers for product ingredients c. Opportunity cost of capital d. Depreciation expenses related to investments in buildings and equipment
Activists believe that
A) monetary policy should not be used to smooth out the business cycle. B) fiscal policy should not be used to smooth out the business cycle. C) the frequent use of fiscal or monetary policy is called for to smooth out the business cycle. D) rules should be established for the conduct of both monetary and fiscal policy.
An inferior good is a good
A. that consumers purchase more when their incomes are higher. B. of high quality. C. that has low quality. D. that consumers purchase less of when their incomes are higher.