About _____ of the world's population live in LDCs.
Fill in the blank(s) with the appropriate word(s).
one-half
You might also like to view...
Classical macroeconomic theorists believed that the economy would recover on its own from an economic downturn because:
A. falling wages would lead prices to fall, which, in turn, would spur consumer spending. B. falling wages would lead consumers to spend less and save more. C. rising wages would lead prices to rise, which, in turn, would lead consumers to spend less. D. higher prices would lead wages to rise, which, in turn, would spur consumer spending.
DSL and broadband internet service would be considered an example of:
A) substitute goods. B) giffen goods. C) inferior goods. D) complementary goods.
Suppose that the government of Smallville spends? $2 trillion in 2018 and receives tax revenues of? $1.5 trillion in that same year. Which of the following is? TRUE?
a. Summerfield has a trade deficit of $0.5 trillion. b. Summerfield has a budget deficit of $0.5 trillion. c. Summerfield has a budget surplus of $0.5 trillion. d. Summerfield has a trade surplus of $0.5 trillion.
Refer to Table 8.2. Assume that Sherry's Earrings is producing in a perfectly competitive market and the market price for earrings is $60. To maximize profits Sherry should produce __________ pairs of earrings. A) two B) three C) four D) five