The poorest regions in the world, as measured by GDP per capita, are:
a. Latin America and the Caribbean. b. the Middle East and North Africa.
c. Sub-Saharan Africa and South Asia. d. Australia and New Zealand.
c
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In Zimbabwe and Namibia, a limited number of permits to hunt elephants are sold to hunters, and the revenue from the permits is shared with local residents
This gives the residents a financial incentive to ________, and as a result, the elephant populations have ________ in those countries. A) stop protecting elephants from poachers; dwindled B) preserve elephant habitat; disappeared C) stop protecting elephants from poachers; grown D) protect elephants from poachers; rebounded
Suppose Sarah owns a small company that makes wedding cakes. The accompanying table shows how Sarah's total cost varies depending on the number of wedding cakes she makes each day.Number of Cakes Per DayTotal Cost Per Day0$1001$1802$2203$3004$4005$5206$660 The marginal cost of the 4th wedding cake per day is ________.
A. $400 B. $120 C. $300 D. $100
Changes in business inventories are:
A. classified as investment expenditures. B. classified as government purchases. C. classified as consumption expenditures. D. excluded from GDP.
"Show me a pastoral society with an untouched environment, an abundance of leisure, and nonsecular values, and I will show you an underdeveloped, poverty-ridden country." This statement is most likely to be made by a(n):
A. proponent of economic growth. B. critic of economic growth. C. advocate of network effects. D. advocate of learning by doing.