The U.N. has established a Millennium Poverty Goal of cutting in half by 2015 the number of people in extreme global poverty.
Answer the following statement true (T) or false (F)
False
The U.N. established a Millennium Poverty Goal of cutting the incidence of extreme global poverty in half by 2015 (from 30 percent in 1990 to 15 percent in 2015).
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Which of the following statements is FALSE?
A) Checkable deposits are usually the lowest cost source of bank funds. B) Checkable deposits are the primary source of bank funds. C) Checkable deposits are payable on demand. D) Checkable deposits include NOW accounts.
The state of Florida is considering putting an excise tax on either good X or good Y. An economist discovers the supply of good X is more elastic than the supply of good Y, while the demand elasticities are identical. Which good should Florida tax in order to minimize the deadweight loss of the tax?
Choose the letter of the diagram in Figure 3.1 that best describes the type of shift that would occur in each situation for the market listed on the left, ceteris paribus. Figure 3.1 Shifts of Supply and Demand Steel: the government introduces environmental restrictions on the dumping of wastes from producing steel.
A. A. B. B. C. C. D. D.
In quoting exchange rates:
A. usually one should quote the rate in such a way that the value is greater than one. B. each country's central bank determines how the rate is to be quoted. C. one should always quote these as units of foreign currency over a unit of domestic currency. D. one should always quote the rate as the units of domestic currency over a unit of foreign currency.