The economies of most less-developed countries (LDCs) are based on:
a. agriculture. b. manufacturing.
c. services. d. oil.
a
You might also like to view...
The main redistribution effect of a tariff is the transfer of income from
A) domestic producers to domestic buyers. B) domestic buyers to domestic producers. C) domestic producers to domestic government. D) domestic government to domestic consumers. E) foreign producers to domestic consumers.
The country in which a form of industrial organization in which a group of companies own stock in each other and has a bank that owns stock in each firm is
A) the United Kingdom. B) the United States. C) Japan. D) Germany.
Why would a firm in balanced oligopoly choose a tit-for-tat strategy?
When conducting an open-market sale, the Fed
a. buys government bonds, and in so doing increases the money supply. b. buys government bonds, and in so doing decreases the money supply. c. sells government bonds, and in so doing increases the money supply. d. sells government bonds, and in so doing decreases the money supply.