Which of the following is not associated with global poverty?
A. Lack of medical care.
B. Low mortality rates.
C. Lack of proper clothing.
D. Malnourishment.
Answer: B
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Central banks that have a hierarchical mandate with inflation targeting basically are saying:
A. hitting the inflation target comes first, everything else comes second. B. the inflation target is the second most important goal after economic growth, which is always the most important goal for monetary policymakers. C. hitting the inflation target is the only objective. D. hitting the inflation target is the first priority after all other stated objectives are reached.
All else equal, if there are diminishing returns, then what happens to productivity if both capital and labor increase?
a. Productivity will definitely fall. b. Productivity will definitely be unchanged. c. Productivity will definitely rise. d. None of the above are necessarily correct.
Dumping occurs when, in a foreign market, a good is sold
A) below its cost of production or below the price in that market. B) at a discount below the list price. C) below its nominal price. D) at a price above the equilibrium price.
The Millennium Development Goals adopted by the United Nations included environmental criteria.
Answer the following statement true (T) or false (F)