Over the past 50 years, the amount given in aid has ________ in dollar terms, ________ in terms of aid as a share of GDP.
A. increased; as well as increased
B. increased; but has steadily fallen
C. decreased; but has increased
D. decreased; and has steadily fallen
Answer: B
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The belief that having more of something makes you happier but in successively smaller increments is called
A) utilitarianism. B) diminishing marginal utility. C) the benefits-received principle. D) transcendentalism.
The weak euro in 1999-2000 put upward pressure on inflation in Europe by increasing the price of imported goods
Indicate whether the statement is true or false
A payday loan company has decided to open several new locations in the city. To decide where to open these locations it hires consultants and pays them per store opened. At the end of the quarter, the company notices a many of the new stores' sales volume fail to meet expectations. To incentivize the consultants to instead focus on opening profitable stores, the company should have paid them
a. Per store opened b. A percentage of the profit earned per new store c. A fixed salary d. All of the above
If a bank's assets are $500 million and its liabilities are $380 million, then its net worth (bank capital) is ____________________. If the bank's assets then rise by 6 percent at the same time that its liabilities rise by 5 percent, the percentage change in the bank's net worth will be approximately _______________ percent
A) $440 million; 10.2 B) $120 million; 1.2 C) $100 million; 11.2 D) $120 million; 9.2