Development assistance is designed to encourage a developing country to
a. increase consumer goods today.
b. restrict the inflow of foreign direct investment.
c. invest in its capital stock.
d. reduce labor productivity.
a
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Using the DD-AA framework, which one of the following statements is the MOST accurate?
A) Only monetary policy can bring the economy to full employment. B) Only fiscal policy can bring the economy to full employment. C) Only both monetary and fiscal policies can bring the economy to full employment. D) Both policies are capable of bringing the economy to full employment and low inflation. E) Monetary policy by itself or fiscal policy by itself can bring the economy to full employment.
Competitive firms are able to set price above marginal cost when
A) the markup is less than the cost of going to another store. B) the markup is greater than the cost of going to another store. C) all consumers have full information. D) consumers know what other stores are charging.
In the 1950s
A. more women were unemployed than underemployed. B. more women were underemployed than unemployed. C. about the same number of women were unemployed as underemployed.
The birth rate in most LDCs is _____ than in most industrial countries.
Fill in the blank(s) with the appropriate word(s).