Which one of these groups has the highest poverty rate?
A. The elderly
B. Children
C. White males over 50
D. Working class women
B. Children
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Raul Prebisch was an Argentine economist who argued that
A) the terms of trade would decline for primary commodity exports. B) the terms of trade would decline for manufactured goods exports. C) imports substitution policies were a solution to export pessimism. D) Both A and C. E) Both B and C.
___________ is the speed and ease of retrieving cash or turning another type of investment into cash
a. Morbidity b. Liquidity c. Asset building d. Lifetime earning credit
Technological change in modern societies is most likely the result of increases in
a. machine building. b. more natural resource use. c. education. d. the labor force.
Under monopolistic competition, there are
A. so many firms that no one can control the price. B. low barriers to entry. C. high barriers to entry. D. identical products.