Countries with higher income per capita are likely to have ________
A) a lower Human Development Index B) a higher Human Development Index
C) a higher rate of unemployment D) a lower life expectancy at birth
B
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"If the price falls and, as a result, the total revenue decreases, demand is elastic." Is the previous assertion correct?
What will be an ideal response?
The recessions associated with the business cycle come at irregular intervals.
a. true b. false
The banking system is able to make new loans equal to
A) total legal reserves of the system. B) total excess reserves of the system. C) total required reserves of the system. D) a multiple of total excess reserves of the system.
Refer to the information provided in Table 21.4 below to answer the question(s) that follow. Table 21.4
Refer to Table 21.4. The value for GDP in billions of dollars is
A. 910. B. 920. C. 950. D. 1,050.