One major criticism of giving foreign aid to developing countries is:
A. there is little to no accountability once the funds have been dispensed.
B. the recipients of aid oftentimes have nebulous goals that are not measurable.
C. much of the money may be embezzled or otherwise funneled away from its intended recipient.
D. All of these are major criticisms of foreign aid.
D. All of these are major criticisms of foreign aid.
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Table 7-7 Buyer Willingness to Pay Michael $500 Earvin $400 Larry $350 Charles $300 Refer to Table 7-7. You have four essentially identical extra tickets to the Midwest Regional Sweet 16 game in the men’s NCAA basketball tournament. The table shows the willingness to pay of the four potential buyers in the market for a ticket to the game. You offer to sell the tickets for $325. How many tickets do you sell, and what is the total consumer surplus in the market?
a. three tickets; $225 b. two tickets; $225 c. one ticket; $175 d. three tickets; $275
Which of the following combinations of changes in government spending and taxes in necessarily expansionary?
A) Increase/Increase B) Increase/Decrease C) Decrease/No change D) Decrease/Increase E) Decrease/Decrease
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