Productivity levels in rich countries are:
a. higher than in poor countries
b. lower than in poor countries
c. about the same as in poor countries
d. not related to those in poor countries
a
You might also like to view...
To help pull an economy out of a recession and put additional income in the hands of the public, a government can force its expenditures to ________ its revenues and create a ________
A) reduce; deficit B) exceed; special taxes C) stimulate; depression D) exceed; deficit
The result that different auction styles in which the good goes to the winner with the highest valuation of the good generate the same amount of revenue is called
A) Revenue Equivalence Theorem. B) Marginal Revenue Theory. C) Auction Revenue Theory. D) First Bid Revenue Theorem.
Refer to Scenario 5.3. Based on the 10 years' past performance, what is the probability of a good year for Zowiebo?
A) 30/31 B) 1/31 C) 0.9 D) 0.1
If a decrease in price of good X causes the demand curve for good Y to increase, then these two goods are:
a. normal goods. b. complementary goods. c. substitute goods. d. equilibrium goods. e. market-day goods.