The World Bank estimates that about ____ of the planet lives below $1.90 a day per person, and ____ lives on less than $3.10:
A. 1%; 35%.
B. 13%; 50%.
C. 35%; 50%.
D. 13%; 35%.
D. 13%; 35%.
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Which of the following changes will cause a downward movement along the demand curve for reserves?
A) A decrease in deposits held by banks B) A decrease in the federal funds rate C) An increase in deposits held by banks D) An increase in the federal funds rate
In a free trade area, member nations have no trade barriers among themselves but are free to set their own trade policies toward nonmembers
a. True b. False Indicate whether the statement is true or false
Secular deflation occurs when
A. aggregate demand remains unchanged while economic growth increases long-run aggregate supply. B. aggregate demand increases at the same time there is no economic growth. C. both aggregate demand and aggregate supply are shifting left. D. there is no economic growth and aggregate demand falls.
The principal-agent problem is
A) often more severe for partnerships than for corporations. B) often less severe for partnerships than for corporations. C) severe for corporations but nonexistent for partnerships. D) most severe for sole proprietorships.