Inflation means that each unit of currency will purchase a greater amount of goods and services than they previously could purchase.
a. true
b. false
Ans: b. false
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Use of the term "World Wide Web" and creation of the first social networking site both took place during the__________.
A. 1930s B. 1950s C. 1970s D. 1990s
Within world systems theory, __________ are dominant capitalist centers characterized by high levels of industrialization and urbanization
a. core nations b. peripheral nations c. semiperipheral nations d. dependent nations
The shadow economy is also called
a. the underclass. b. the informal economy. c. the lower tier. d. the peripheral labor force. e. the internal labor market.
Why is investing in education important in less developed countries (LDCs)?
A. Education supports the growth of a civil society. B. In many LDCs each additional year of school brings 30 percent higher wages. C. Educated mothers marry earlier and have more children. D. No country has ever achieved continuous and rapid growth without reaching an adult literacy rate of at least 85 percent.