In a PEST analysis, 'High disposable income' would be classed as:
Political factor
Economic factor
Social factor
Technological factor
Economic factor
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Which of the following is likely to be a characteristic of a developing economy?
A. The export of only manufactured goods The efficient use of labor B. A high rate of economic growth C. A low rate of growth of population D. A high rate of illiteracy
Unlike the revolutionary colonials, England had
(a) an organized army and navy. (b) an abundance of resources. (c) the means to finance the war. (d) all of the above.
The optimal collective decision rule is found where _____
a. decision-making costs are minimized b. the sum of the external and decision-making costs are minimized c. marginal political costs and marginal political benefits are equalized d. external costs are minimized
Income mobility studies suggest that poverty
a. cannot be alleviated by privately sponsored anti-poverty programs. b. cannot be alleviated by government sponsored anti-poverty programs. c. is a long-term problem for a relatively large number of families. d. is not a long-term problem for most families.