The population explosion in many LDCs is best explained by
a. rising death rates and high birth rates
b. declining marriage rates
c. declining death rates and stable birth rates
d. women who marry at a later age
e. a high percentage of the population over 65
C
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In many political elections, states often hold a primary election, and the winners of the primary election face off in the general election. This method of voting is called a ________ election
Fill in the blank(s) with correct word
If disposable income falls, consumption expenditure falls ________
A) by an amount that depends on the real interest rate B) so that planned expenditure remains constant C) by an amount smaller than the decrease in disposable income D) all of the above E) none of the above
A cooperative outcome in a situation where one nation pegs to another would be that the:
A) center country abandons its own stabilization policy in favor of the home country. B) home country absorbs the losses resulting from the stabilization policy in the center country. C) center country makes concessions, recognizing the impact on the home country, thereby sharing the pain. D) peg is temporarily abandoned.
Diminishing returns occurs because:
A. not enough people have jobs. B. one of the inputs in the production process is fixed. C. consumers don't buy enough of the products produced. D. two people have not satisfied their self-interests.