The primary source of funds for the World Bank is

A. the New York Stock Exchange.
B. private financial markets.
C. the world's wealthiest countries.
D. quota subscriptions.


Answer: C

Economics

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A firm that successfully differentiates its product or lowers its average cost of production creates

A) a perfectly inelastic demand curve for its product. B) value for its customers. C) entry barriers into its market. D) economies of scale.

Economics

Suppose Always There Wireless serves 100 high-demand wireless consumers, who each have a monthly demand curve for wireless minutes of QdH = 200 - 100P, and 300 low-demand consumers, who each have a monthly demand curve for wireless minutes of QdL = 100 - 100P, where P is the per-minute price in dollars. The marginal cost is $0.25 per minute. Suppose Always There Wireless charges $0.35 per minute. How many minutes will low-demand consumers purchase?

A. 65 B. 35 C. 75 D. 165

Economics

The freedom of consumers to cast their dollar votes to buy, or not to buy, at prices determined in competitive markets describes:

a. socialism. b. communism. c. consumer sovereignty. d. the aspirations of Karl Marx.

Economics

Which of the following is least likely to be a reason for the difficulty in measuring poverty across countries?

a. Different currencies b. Different customs c. Different living arrangements d. Different trade balances e. Limited data

Economics