Two of the main focuses on development economics focuses on how countries can promote:
A. health and education.
B. sound monetary policy and education.
C. health and fiscal policy.
D. sound monetary and fiscal policy.
A. health and education.
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In reviewing discussions of life in developing countries, what is it about lifestyles in the low-income countries compared with lifestyles in the high-income countries that most strikes you? Why?
What will be an ideal response?
Using Figure 1 above, if the aggregate demand curve shifts from AD1 to AD2 the result in the short run would be:
A. P1 and Y2. B. P3 and Y1. C. P2 and Y2. D. P2 and Y3.
COLA provisions automatically increase wages or benefits to match
A. inflation. B. the cost of living. C. deflation. D. disinflation.
Vaccinations are a ________ good that create a ________ externality.
A. private; negative B. private; positive C. public; positive D. public; negative