What are the five major channels, which developing countries use to finance their external deficit?
What will be an ideal response?
The five major channels are bonds finance, bank finance, official lending, foreign investment, and portfolio investment.
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Water from the Mississippi river is an example of
A) a nonrenewable natural resource. B) a renewable natural resource. C) capital. D) a static resource.
The nominal gross domestic product (GDP) for a country was $1,000 in 2003 and $1,500 in 2004 . The GDP price index was 100 in 2003 and 150 in 2004 . Between 2003 and 2004, real GDP _____
a. increased by $500 b. increased by $333 c. increased by $50 d. remained the same e. decreased by $50
According to Figure 5.4, how many slices of pizza will one pizzeria be willing to supply at a market price of $1.50 a slice?
(A) 2,000 (B) 300 (C) 200 (D) 100
The manner in which a nation's economy reacts when the measured factors are changed affects almost every individual.
Answer the following statement true (T) or false (F)