The World Bank defines ________ poverty as an income of less than $3.10 per day per person.
A. severe
B. extreme
C. significant
D. exceptional
Answer: A
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Which of the following does not take place in the direct finance market?
A) Ownership in corporations is sold in the form of preferred stock. B) Ownership in corporations is sold in the form of common stock. C) Corporate bonds are sold to savers. D) Deposits from savers are accumulated and loans made to borrowers.
Which of the following will not contribute to increasing the stock of physical or human capital of a nation?
a. an increase in savings b. a reduction in taxes on capital gains and stock dividends c. a lack of enforcement of private property rights d. the subsidization of higher education
Independent unions:
A. have greater combined membership than the AFL-CIO. B. are not affiliated with the AFL-CIO or Change to Win. C. include the United Autoworkers and United Steelworkers. D. have about the same combined membership as the AFL-CIO.
List prices on new cars do NOT change very often, so
A. the real price of cars is very inflexible. B. the prices of new cars can only be flexible if there are changes in the cost of materials. C. price flexibility shows up primarily through the negotiations between buyers and sellers. D. price flexibility is not an important feature in the auto market.