Which branch of economics is most likely to study differences in countries' growth rates?

A. normative economics
B. macroeconomics
C. experimental economics
D. microeconomics


Answer: B

Economics

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Refer to the scenario above. The income per capita of Neoland is ________

A) $1,500 B) $1,200 C) $1,000 D) $7,200

Economics

Which of the following does NOT indicate intraindustry trade?

A) Trading Jeeps for Toyotas B) Trading Boeing airplanes for Airbus airplanes C) Trading Bush beer for Heineken beer D) Trading Japanese-made films for Hollywood-made films E) Trading oil for trucks

Economics

Which of the following best describes the entire U. S. refreshment beverage market?

A) monopoly B) oligopoly C) monopolistic competition D) perfect competition

Economics

"He who pays a tax should receive the benefit from the expenditure financed by the tax." This statement reflects which of the following principles for a tax?

A. fairness of contribution B. ability-to-pay C. benefits-received D. efficiency

Economics