A representative unit by which utility is measured is
A) a util.
B) utility.
C) marginal utility.
D) ordinal utility.
Answer: A
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Which of the following is a major obstacle to economic growth in DVCs?
A. A fall in population growth B. A decline in demographic transition C. The low demand for natural resources D. The low supply of saving
A currency appreciation should
A. reduce net exports and therefore increase aggregate demand. B. raise net exports and therefore decrease aggregate demand. C. reduce net exports and therefore decrease aggregate demand. D. raise net exports and therefore increase aggregate demand.
Which of the following is an example of a pure public good?
a. a bus b. a mall c. a teddy bear d. an army e. an automobile
How much is the percentage of income received by the highest quintile on line R?
