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

Economics

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

Economics

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

Economics

A corporation's shareholders are its:

a. board of directors. b. residual claimants. c. specialized active managers. d. supervisors.

Economics

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

Economics