About what percentage of the poor are children?
A. 13 percent
B. 24 percent
C. 36 percent
D. 60 percent
Answer: B
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An increase in population results in an increase in demand
Indicate whether the statement is true or false
In general, productivity levels are much higher in richer countries like the U.S
a. True b. False Indicate whether the statement is true or false
Suppose an industry has 100 firms, each with supply curve P = 50 + 10Q. Furthermore, suppose the market demand curve is given by P = 200 - 0.9Q. How many units of output will be produced by a firm operating in this market with a MC = 130Q?
A. 5 B. 0.70 C. 2 D. It is impossible to answer with the information given
The formal recognition of the threat to the European Union allowed for ________ because the systemic risk clauses of Articles 123 and 125 were invoked.
A. cross-national bailouts B. purchase of debt by the European Central Bank C. tax cuts D. increases in spending