What percentage of GDP comes from agriculture in the high-income economies of the world?
a. 1 percent
b. 2 percent
c. 3 percent
d. 4 percent
b. 2 percent
You might also like to view...
On a diagram of a production possibilities frontier, economic growth is represented by the slope of the production possibilities frontier
Indicate whether the statement is true or false
Figure 10-8
?
For the perfectly competitive firm in Figure 10-8, what is the long-run price and quantity?
A. P = 4, Q = 150 B. P = 9, Q = 200 C. P = 10, Q = 200 D. P = 5, Q = 150
A corporation's shareholders are its:
a. board of directors. b. residual claimants. c. specialized active managers. d. supervisors.
Which of the following is a function of the lender of last resort?
a. Keeping the velocity of money at a low level b. Reducing the supply of money and loans in an economy c. Providing short-term emergency loans in conditions of financial crisis in an economy d. Increasing the supply of money and the quantity of loans in an economy