Suppose that surplus labor in a Pakistani village is used to build a medical clinic and dig several wells. This is an illustration of:
A. foreign aid.
B. capital-saving investment.
C. in-kind investment.
D. technological advance.
C. in-kind investment.
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Refer to the figure below.________ inflation will eventually move the economy pictured in the diagram from short-run equilibrium at point ________ to long-run equilibrium at point ________,
A. Rising; B; C B. Falling; A; C C. Falling; A; B D. Rising; A; C
Personal consumption expenditures is the smallest component of total spending
a. True b. False Indicate whether the statement is true or false
What do tests of the gravity equation for trade between Canadian provinces and American states indicate?
a. Individual state and individual provincial GDPs are negatively related to the amount of trade between individual states and provinces. b. Individual state and individual provincial GDPs are positively related to the amount of trade between individual states and provinces. c. Individual state and individual provincial GDPs are not at all related to the amount of trade between individual states and provinces. d. The gravity equation does not apply to U.S.Canadian trade.
Daily fantasy is legal
A. everywhere. B. nowhere. C. as long as it is on the internet. D. in some states and illegal in others.